Scalping is a quick and small trading strategy. This strategy will make a very small profit from each one. The scalper opens and closes many positions during the day manually. Scalping is as time-consuming and profitable as you want. Traders are usually opened and closed within a few minutes but you can make as many of these you want.
This chart will show the zone for taking action on trade position, but you must identify a trend as you would when trend trading. This strategy can apply almost all financial instruments, but very low risk-reward ratio and take more time than most all forex strategies.
Please consider many forex brokers don’t allow scalping and closing trading position quickly can get your account closed.