abrar
2 Answers
geodom
Scalping is the shortest type of day-trading. Forex Scalping means trading currency pairs in tiny timeframes (usually less than a minute) and gaining tiny profits of a couple of pips. This can be made either manually by hand or automated via the use of a Forex Robot (software).
Image Source: Forex Scalping Guide -ForexAutomatic.com
In the above image you may find a price break-out. Scalping is usually taking advantage of such situations.
Traders who scalp Forex are called Forex Scalpers..
| 11 years ago. Rating: 1 | |
Liddy
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