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Scalping is about getting a little profit on little trades. Many small trades a day gets a big profit at the end of the day. Scalping is the Forex trading style for currency traders who want to make profits on a daily base, 1-2% or more profit every day.
I would use a very small stop loss for these trading no more than 10 pips, once in the trade look for the break out followed by stallage. Once the EUR/USD starts to stall then it is likely a short reversal will follow and getting out of the trade with 4-10 pips is better than a loss.
I would use a very small stop loss for these trading no more than 10 pips, once in the trade look for the break out followed by stallage. Once the EUR/USD starts to stall then it is likely a short reversal will follow and getting out of the trade with 4-10 pips is better than a loss.
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