Junichi's scalping classroom | Episode 1 The commonly misunderstood true nature of scalping [Junichi FX]
Junichi FX Profile
Junichi FX. AFX scalping trader, FX mental advisor, FX coaching, financial planner, insurance agent, management consultant and more, actively working in many fields. Trading with the aim of 1000 pips per month through scalping centered on price action.
Twitter:https://twitter.com/junichi_fx
※ This article is a reprint/edit of an article from FX Strategy.com October 2018 issue. Please note that the market information described in the text may differ from the current market.
What kind of image do you have of scalping?
Generally, scalping is often perceived negatively as “noisy and busy,” “difficult,” “high risk,” or “inefficient due to spreads,” or viewed as a special technique only available to experts. However, apart from being a little noisy, none of that is true.
First of all, scalping is simply one method among the most visited forms of day trading in FX. By shortening the time frame of typical day trading and adding price action trading (short-term trades aiming at price moves before and after key points), the relative opportunities are expanded. Risk control is simple, and if you can establish solid trading rules, it is an efficient and stable trading method.