Review: FOREX TRADING METHOD
Rating: 5 out of 5
Date: 06 22, 2014
Scalping is a trading strategy that relies on frequent, short-term trades.  The aim of a scalper is to make a large number of small profits throughout the day so that by the end of the day they have made a significant amount of money.  Scalpers are generally impulsive and reactive traders who take advantage of economic data and news events and tend to trade in markets with high volatility.  The major currency pairs; EUR/USD, GBP/USD or USD/CHF are perfect for newbies as well as other combinations from the larger more powerful economies of the world.  More experienced risk takers will usually opt for Carry Pairs, EUR/JPY or USD/JPY because of the higher volatility.  It takes time to learn this strategy and if you are not comfortable taking risks then it is probably not for you.  Tejeda does a great job discussing the key concepts of this strategy.  He gives a step by step outline of how to become a forex scalper then goes on to describe some specific examples of scalping opportunities.  In his conclusion he summarizes the Pros and Cons of utilizing the Forex Scalping strategy.  Well Done!