What is Scalping in Forex? How to do it?

Scalping is an extremely short-term strategy used by day traders involved in fast trading environments with a laser focus on chart analysing. It is used for trading in commodities, stocks, indices, forex and other financial markets.

Scalpers in forex focus on price action and technical analysis only and overlook fundamental analysis, even short-term trends within the forex markets, because they need more time to materialise fundamentals before a trade is completed. The merits and limitations of scalping differ from forex scalping to swing trading.

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