How Forex Scalper Checks Out Liquidity Of The Chosen Pair?
Posted by benny in Barebone PC on December 19th, 2009 | 3 responses
That was my question.
If he judges by spread, what spread( like 1 , 1.5 …anything like that) would be considered as a liquid currency pair by the scalper?
(or)
Please Guide me, how to check whether the currency pair is highly liquid when i enter the trade…Please explain to me in detailed and simple way.
Thank you.
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3 Responses to “How Forex Scalper Checks Out Liquidity Of The Chosen Pair?”
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If you want an in depth explanation about Expert Advisors (scalpers, news based etc..) then check out this website:http://compareexpertadvisors.blogspot.co…
It will also explain about the benefits of each type of expert advisor.
You need to look at the average spread given by your broker. For example, for me, normal spreads are:
GBP/USD 4
EUR/USD 2
USD/CHF 4
Anything more than that tells me that they’re concerned about liquidity.
Many expert advisors are based on optimized scalpers:http://CompareExpertAdvisors.blogspot.co…