advice needed on scalping FOREX

Discussion in 'Forex' started by swing-scalper, Jan 1, 2008.

  1. I'm an intra-day index future scalper living in the west coast of US. I'm a little addicted to the markets and sometimes I want to do something after the US stock market closes. I'm thinking maybe I can transfer my scalping skills in index futures to FOREX markets. However, I'm new to FOREX and I want to get some advice on scalping FOREX. My questions are:

    1) Which FOREX pair do you recommend to trade in the afternoon and evening hours in the West Coast?

    2) What factors are needed to pay special attention in scalping FOREX?

    3) What are the main differences, if any, between scalping FOREX and scalping index futures?

    4) Which chart do you recommend, time chart or tick(volume) chart? Why?

    Any serious responses to address either of the questions are welcomed, especially from those who have done this successfully.

    Thanks in advance.

    Swingscalper