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Forex Scalping is a day trading strategy as it involves opening a certain position, gaining a few pips, and then closing the position. It is one of the most basic and resourceful trading strategies. The main aspect of Forex scalping is quantity. It is not unusual for traders to place more than 100 trades a day.

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Martingale from a Forex trading approach, it is nothing but a process of cost averaging, where the exposure is increased (doubled) on losing trades. Despite the risks posed by Martingale trading method, there are a good number of followers to this trading strategy.
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In Forex, hedging is a very commonly used strategy. To hedge, a trader has to choose two positively correlated pairs like EUR/USD and GBP/USD or AUD/USD and NZD/USD and take opposite directions on both. Hedging is meant to eliminate risk loss during times of uncertainty and it does a pretty good job of that.
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  • comment-avatar
    snotnareri1975 September 5, 2019

    Very thought out! This is new school.