Why do scalp trading and price action work so well together? - The #1 Blog on trading, personal investing! Best Tips for Beginners

Header Ads

Why do scalp trading and price action work so well together?

Price action trading is about being in tune with what price is doing right now, so you can predict with a high degree of accuracy what it will do next.
Scalp trading is about the same thing.
A scalp trade normally only lasts 5-30 minutes. So, to scalp effectively you need to analyse what price is doing right now, and what it will do for the next 30 minutes or so.
So, what about indicators?
Most traders use indicators for scalping, which is a bad choice. The problem with indicators is that they lag behind.
Scalp trading and lagging behind just don’t mix well together. Scalping requires quick analysis, quick decisions, and quick trading.
And at it’s core, price action trading is all about speed and efficiency.