The forex signals industry has evolved since the early 2000s. This happened when retail forex started to get popular among individual traders. There are still quite a few signal forex providers now who provide many different types of signals. There are firms that offer long-term forex signals which are trade recommendations. These target hundreds and thousands of pips. There are medium-term signal providers whose forex signals target hundreds of pips. And then there are short-term day trading and scalping signal providers who target from a few pips to 100-200 pips.
Scalping is a trading strategy based on small timeframes where you enter a position, hold it for a few minutes, grab a few pips, and get out. You can find this strategy explained in our trading strategies section. According to the signals we provide here, about 5% of the signals provided are based on this strategy. But major financial events can cause high volatility in the markets. In this article, we will explain the benefits of scalping forex signals.
There are different strategies on which the scalping forex signals are based, such as technical indicators. Some indicators used for scalping include moving averages, stochastic, support and resistance levels, trend lines, etc. But scalping and short-term signals are also based on fundamentals such as data releases, economic news, speeches from central bankers, or political events and comments. We use all these indicators, both technical and fundamental for our forex signals. You can find out more about the strategies we use in the forex trading strategy section. If you have been following our signals service you may have seen how profitable forex scalping and short-term forex signals can be. We issue signals in all types of markets so you have trading opportunities no matter what the market behavior is like. That is the biggest benefit of scalping forex signals.