http://www.forexconspiracyreport.com/scalping-in-currency-trading/
Scalping in Currency Trading
The use of rapid momentum trades is commonly referred to as scalping in currency trading. When scalping in currency trading the trader seeks to profit from the difference between ask and bid prices. This strategy works as well or better in a flat market than other forms of Forex trading. When scalping in currency trading the trader watches the market carefully, trading Forex with candlesticks or other technical analysis tools. Although there is profit to be made in the gap between bid and ask price, the trader must be sure that the market remains flat or moves in a profitable direction for the duration of his trade. Scalping in currency trading involves many very short duration trades throughout the trading day.
Always in a Hurry
Scalping in currency trading is fast. The scalper looks for other traders who always take the bid or ask price for a currency pair. If the trader limits himself to these trades and exits as soon as he has a profit, he can make small profits throughout the trading day. As the virtually all technical trading, the scalper sets his trading stops as he enters the trade. Certainly, if the market moves in a favorable direction, he may reset his stops to gain more profit but someone who only engages in scalping in currency trading does not seek to read market sentiment or profit from his or her knowledge of fundamentals as in Forex trend trading. Rather he limits himself to a profit as defined by the bid and ask price of a currency pair.
