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Scalping E-mail
Written by Al Parsai   
Tuesday, 10 February 2009

 

 

Scalping is a method of trading forex that usually bears the following characteristics.

  • The trade remains open for a very short period of time (usually less than a minute or two).
  • The trade targets small profit (usually less than 10 pips)

A scalper usually those currency pairs that offer tight spreads. They are also more interested in liquid and volatile pairs. Some currency pairs which are popular among forex scalpers are EUR/USD (Euro versus US Dollar) and USD/JPY (US Dollar versus Japanese Yen).

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Last Updated ( Tuesday, 24 February 2009 )
 
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