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Today in the Forex in the Morning chat, I had a question about “scalping” and how that fits into a trader’s strategy.

Ah, not an easy question when trying to categorize what market trend “scalping” fits into but it is a style that many traders employ so in this video I explain what it is and what environment it is best suited for!

There are four strategies I use. Three are “core” strategies and one is “aggro” or aggressive. Momentum, Swing, and Trend Reversal strategies are “core” while Distribution Fades (playing inside a wide trading range) is aggro.

The bottom line however is that underlying market psychology or market trend dictates which I will even consider.

Enjoy the video, it runs for about seven minutes.

Questions? Comments. Leave ’em here at the blog!

This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.