barjon
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OK Jon
1 - spreads under 1 pip in these pairs and as low as 0 2 pips on EU this morning with one ECN broker. Trouble is you have commissions on top - but I still work out its under 2 pips cost normally
I cannot scalp pairs with speads over 4 or 5 pips - unless I expand stop to over 7 pips - and therefore prefer not to do that
2 Yes spread is included in stop
Normally if under 1 pip or even up to 2 pips - 5 pips stops are OK - you just need great timing off the tick chart or 1 min
3 the buy price on scalp buy and sell price on scalp sell - ideally less than 0 7 pip in it 70% of time
4.I use 3 feeds - but only 2 brokers
Yes all can differ from 1 to 3 pips normally - sometimes more on quick moves with delays of say 3 seconds
i have to quote the price i have on the brokers chart i use for the trade
5 I am going into free trades more on the other thread
Will explain in detail - as it also depends how much i am already up in the session or day
i dont like setting 30% stops under entry - but if the scalp as made over 15 pips I dont normally have to
Sometimes if i take a free trade under 7 pips - then I miaght set it still 5 pips under entry - as the 70% profit will still cover it
Hope this helps Jon and you are welcome
Regards
F
ok thx
I'll follow up on the "free trade" when you tackle it in the other thread.