FX Scalping refers to taking a position and holding it for a very short time period, generally less than 5 minutes and sometimes less than a few seconds. Those that use the forex scalping methodology nearly always base their trades on chart simple chart patterns based on technical analysis rather than any underlying fundamentals.
Since scalping relies on making profits from very small movements in foreign exchange rates, it’s only really feasible if you trade on high leverage since you need to invest a significant amount to make any serious money. Read more >>