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    What does "Scalping" mean in Forex trading

    0  Views: 1115 Answers: 2 Posted: 14 years ago

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    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). 


    Forex Scalping may take advantage of a Price Break-out


    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..

    Reselling ticket over the offered price


     



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