In Forex Trading the word “Scalping” is often used among Currency Traders. What does it mean to “Scalp” Trades?

March 30, 2015 at 3:53 pm

Answer by Dave Hughe:

Scalping in Forex is a style of trading where traders attempt to take advantage of small price fluctuations of currency pairs.

Scalpers “jump” in and out of numerous trades within a short period of time trying to make (“to scalp”) a small profit on each trade. Scalpers make tens and even hundreds of trades per day.

For answers to other Forex questions and for some useful links, please visit our Forex Resources page at Forex Resources » Forex Signals, Trade Copier, Forex Trading Strategies

In Forex Trading the word "Scalping" is often used among Currency Traders. What does it mean to "Scalp" Trades?

March 23-27 Forex Signals End Of Week Results: -70 pips loss

March 27, 2015 at 12:57 pm

The total Forex Signals result for this week is the loss of -70 pips

Our second Forex signal added +20 pips of profit to the total result today

March 23, 2015 at 10:20 am

Today’s second Forex signal made +20 pips of profit:

From: Dave Hughe <[email protected]>
Date: Mon, Mar 23, 2015 at 9:15 AM
Subject: New order
To:
GBPUSD Buy 1.4936 SL 1.4879 P1= 1.4956 P2= 1.4984

The first trading unit reached its profit target. The remaining 2 units were stopped at their break even prices.

BEST FOREX SIGNALS GBPUSD MAR23

 

Mo., Mar. 23 Forex Signals & Results: +78 pips

March 23, 2015 at 7:20 am

Our subscribers made quick profit this morning:

From: Dave Hughe <[email protected]>
Date: Mon, Mar 23, 2015 at 6:09 AM
Subject: March 23
To:
ERUJPY Buy 130.02 SL 129.48

This trade reached the first profit target and our trailing stops were triggered at 130.19 (see the chart below):

BEST FOREX SIGNAL EURJPY MAR23

March 16-20 Forex Signals End Of Week Results: +264 pips profit

March 20, 2015 at 12:52 pm

The total Forex Signals result for this week is +264 pips of profit

Fr., Mar. 20 Forex Signals & Results: +149 pips

March 20, 2015 at 10:34 am

Today’s Forex signal was to buy EURJPY:

From: Dave Hughe <[email protected]>
Date: Fri, Mar 20, 2015 at 6:03 AM
Subject: March 20
To:
EURJPY Buy 129.56 SL 128.79 P1= 129.93 P2= 130.16

This trade reached both profit targets and the last unit’s trailing stop was triggered at 130.18 (see the chart below):

best forex signals EURJPY mar20

Mar. 19 Forex signal results: +115 pips

March 20, 2015 at 9:02 am

Our signal to short EURNZD reached both profit targets and triggered the trailing stop-loss at 1.4371:

From: Dave Hughe <[email protected]>
Date: Thu, Mar 19, 2015 at 8:57 AM
Subject: New Order
To:
EURNZD Sell 1.4398 SL 1.4471 P1= 1.4362 P2= 1.4336

best forex signal EURNZD mar19

Th., Mar. 19 Forex signal: We shorted EURNZD today at 1.4398 (current price 1.4357)

March 19, 2015 at 8:19 pm

We issued two signals today. One of them got filled:

From: Dave Hughe <[email protected]>
Date: Thu, Mar 19, 2015 at 8:57 AM
Subject: New Order
To:
EURNZD Sell 1.4398 SL 1.4471 P1= 1.4362 P2= 1.4336

This signal reached the first profit target and the price keeps falling.

Mo.-Wd., Mar. 16-18 Forex signals results: break even so far

March 18, 2015 at 8:08 pm

We did not trade on Monday, made a small profit on Tuesday and refrained from trading today as we did not want to get caught in the volatility. Therefore the trading results this week are pretty much at the break even level so far.

March 9-13 Forex Signals End Of Week Results: +124 pips profit

March 14, 2015 at 12:45 pm

The total Forex Signals Results this week is +124 pips of profit