Many traders usually ask, “What is the best timeframe to scalp forex?” Although the currency does not always affect scalp trading timeframe, many traders prefer to look at the currency to know when they will scalp trade. For example, when trading a GBP currency pair, it can be successful during the mid-morning hours of the London trading session.
According to other sources, it is best to trade during the first hours of the New York trading session. This is because US dollars have a high trading volume. Some professional scalpers also trade during the morning hours because the market is very volatile. It is not advisable for beginner traders to pick this session. Instead, you can always use scalping indicators to determine the best time to trade.
So, what is the best indicator for forex scalping? There are five indicators that you can always use with your forex trading scalping strategies. They include: