Forex Scalping on ADX and Bollinger Bands

In order to have optimal market conditions for scalping, traders use indicators to see if the market is trending well or if they should wait for better opportunities. One of the indicators used is the ADX (Average Directional Index) indicator. ADX does not forecast the direction of the trend, only the strength of the current [...]

Forex Scalping

What is Forex Scalping?

Forex scalping is a popular forex trading strategy where the trader makes several small trades in the course of a trading day. Compare it to the game of baseball, where a team is said to play ’short ball’ making hustles and stealing bases, doing many small plays instead of going for the [...]