Forex scalping technique using 5-minute charts

This video demonstrates one of many scalping techniques. Scalping is popular for those who just want to profit from short-term positions. In this particular example, the speaker shows how he scalps the EUR/USD currency pair. If you think scalping is right for you (as opposed to swing trading, which requires positions that lasts several hours or days), make sure your broker allows it. See the broker comparison chart to see which brokers allow scalping.