Every Good trader, Need to know Scalping. Scalping is very important in trading. It’s strategy is somehow complicated.
As a scalper you are looking to get in and out of your trades quickly and profit from
smaller moves in the price action.
Whilst you are looking to make far smaller pip targets, you are looking to do it in far
shorter amounts of time than other strategies.
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As a scalper you are capitalizing on the bigger markets volatility and quick price
movements to make your profits.
A swing trader is looking to enter trades on the 4 hour or daily charts and then hold
those trades for hours or days. When scalping you are generally holding your trades for
minutes at a time, depending on how small the time frame.
Some traders love scalping as it offers them more potential trading opportunities, they
do not have to hold for extended periods and they can close their trades and finish for
the session.
Below I have included an example 5 minute chart showing price testing a key level and then forming a huge false break pin bar reversal to get short.
