In this post I will be reviewing the 60 Second Scalping manual forex trading strategy. As the name suggests, this scalping system is not time consuming and is easy to learn. The 60 Second Scalping instruction manual explains everything in easy to follow details with real world examples.
This scalping system is suitable for any level of trader and it does not take up all of your time. It is flexible in the sense that you can use it on any currency pair and any time frame during trading session hours that suit you. Even if you have a full time job this scalping system does not require much time.
Personally, I prefer trading the major currency pairs such as the EURUSD & GBPUSD as I find they can have some of the lowest spreads and plenty of liquidity for reliable execution speeds. I would also be using a true ECN forex broker as I believe that they have some of the best trading conditions possible.
60 Second Scalping System
The 60 Second Scalping System basically looks to pin point short term reversals in the market by using a combination of technical analysis. You can trade it as is but you can also add your very own additional technical or fundamental analysis should you wish to verify the trading signals.
A very important aspect of being successful not just with this forex scalping strategy but with every forex trading system is to have good money management. I try to make sure that I cut losers short and let winners run as much as possible even with a scalping strategy. It takes around 25 minutes to learn this system and then you can jump right into your trading platform and begin practising on a demo account until you master it.
60 Second Scalping System Summary
Overall, there is potential in the 60 Second Scalping System although it will take some practice and patience. You may not want to blindly take every single trade but cherry pick the very best looking setups and to add your own additional analysis for confirmation.
It may also be a good idea to trade such a forex scalping system when the markets are quiet and therefore less volatile – they tend to range at these times which could give some very good and highly profitable scalping trades. The 60 Second Scalping System is relatively inexpensive and comes with a money back guarantee should you not be happy with it.