Forex Scalping

The scalping technique in the Forex market is one of the most exploited by traders from all over the world. Scalping involves the investor trading through a large number of short-dated trades; practice on the Forex market is perfect given the great volatility.

To apply scalping in forex, you must choose the currencies that have the greatest liquidity and which consequently also have great volatility.
The best ones for this trading technique are:

  • euro-dollar (EUR/USD)
  • dollar-yen (USD/JPY)
  • euro-yen (EUR/JPY)
  • sterling-dollar (GBP/USD)

Since the currency crosses with the greater liquidity are also those on which it is possible to do better and with greater profits these types of short-term operations. Furthermore, being the most traded currencies, they are also the ones that have the lowest spread, which does not weigh on our cost of the operation.

To know everything about the scalping technique, we recommend reading Scalping in forex: what is it? Complete guide between techniques and risks

Forex Scalping, ultimi articoli su Money.it International