What is forex scalping?
Forex scalping is where a trader enters and exits the market very quickly. A forex scalper makes a large number of trades each day most trade only last for a few minutes. The main aim in forex scalping is to buy a currency and sell it a few minutes later a few pips higher. Also a forex scalper will only allow the currency to drop a few pips and sell at a loss. A forex scalper will use 1 minute 5 minute or 1 hour charts. To use the forex scalping method It is essential to use a broker with a reputable fast platform due to the speed the trades have to be executed.
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