
Forex day trading is a way to trade currencies that involves opening and closing positions within a single day

When scalping, you’re aiming to earn small profits from most of your trades, targeting a higher win rate than a day or position trading

Even when your trade is a success, it may take some time for those assets to return a profit –, and you may see some turbulence along the way

Popular technical analysis tools for following trends include moving averages, MACD and Bollinger bands