So what is scalping, in case of forex, forex scalping? Scalping is a method of trading where a trader “skims” small profits continuously. It is the act of entering and exiting positions several times in one day while trying to make profits during high velocity moves, a scalper will act quickly on releases of economic data and other significant news events that influence trading activity.
Although similar, scalping is not the same as day trading. While day trading, a trader will open a position once or twice within one day, but close it before the day is through. He will never leave the position open overnight or carry it into another session. A day trader opens and closes positions once or maybe a few times a day based on information they obtain from five minute, fifteen minute or 30 minute charts. A scalper is even more feverish as he aims to skim tiny profits multiple times through going in and out of positions numerous times within a single day. This trader makes trades according to data from tick charts or one minute charts.
Learn Dow Day Trading System – Emini Futures Intraday Scalping
TIPS & TRICKS EUR/USD Scalping Trading Signals - just some practical example about how to make scalping trading using 2 Moving Averages indicators.
Forex Trading Strategies: Scalping With Trend in Your Favor
Forex: EURUSD Scalps Target 1.26 Ahead of ECB / NFPs - fundamental analysis which is not directly related to scalping but ... anyway it is interesting to watch for example:
Forex Scalping–Renko Dual 50’s - this is the scalping strategy using Renko indicator - good to watch
