Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

The vast majority of retail client accounts lose money when trading CFDs.

You should consider whether you can afford to take the high risk of losing your money.

Important Notice - Fraud awareness
Important Notice - Scam alert
54.76% of retail investor accounts lose money when trading CFDs / Spread betting with this provider.
Important Notice - Fraud awareness
Important Notice - Scam alert
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 54.76% of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.
Important Notice - Fraud awareness
Important Notice - Scam alert
The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.
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What is Scalping & What are the best pairs for Scalpers?

Among the various strategies for trading the forex market, scalping is one of the most used strategies among traders. This is because it offers the trader the opportunity to benefit from any significant move in the market within a short time frame. Scalpers make extensive use of candlestick patterns in predicting the market.

Scalping is a simple trading strategy that enables the trader to predict the market direction under a short time frame, say 2 - 45 minutes and take quick profits within these short intervals. Scalpers do not hold any position for long. They take advantage of the volatile nature of some currency pairs and seek the smallest profits possible before the market changes direction. Their targets could be just 10-20 pips profits. 

Often, Scalpers prefer to trade volatile pairs and seek to place trades when there is high volatility in the market, especially during the midday hours when the European and American sessions overlap. They similarly take advantage of critical market news releases that often affect the market. 

Significantly, scalpers make extensive use of leverage to choose bigger lot sizes while entering a short position. Investors are always cautious about detecting sniper entries for each direction they choose and set their take profit immediately at the minimum of 5 - 10pips movement. Many often enter multiple positions and close them immediately with the quickest profits made.

What are the best pairs for Scalpers?

Scalpers are generally attracted to the volatile pairs below: 

The significant advantage of scalping is that it offers quick profits and enables the trader to gain from buying and selling within a short while.

Last Updated: 14/04/2022

This market commentary and analysis has been prepared for ATFX by a third party for general information purposes only. Any view expressed does not constitute a personal recommendation or solicitation to buy or sell as it does not take into account your personal circumstances or objectives, and should therefore not be interpreted as financial, investment or other advice, or relied upon as such. You should therefore seek independent advice before making any investment decisions. This information has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. We aim to establish and maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. The market data is derived from independent sources believed to be reliable, however we make no representation or warranty of its accuracy or completeness, and accept no responsibility for any consequence of its use by recipients. Reproduction of this information, in whole or in part, is not permitted.


 

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