Question -

Are there different types of intraday markets in fx trading?

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Timothy Gray
Answered 1 month ago
<p id="isPasted">Within intraday forex trading, there are different approaches or styles rather than distinct markets. These styles include scalping, day trading, and swing trading. Each has its own characteristics and timeframes for executing trades. Additionally, traders might employ momentum trading or news-based trading strategies, which can be applied within any of the aforementioned styles.&nbsp;</p><p>Scalping:</p><p>This involves making numerous very short-term trades (e.g., a few minutes to an hour) to profit from small price changes.&nbsp;</p><p>Day Trading:</p><p>Day traders aim to close all positions by the end of the trading day, capitalizing on price fluctuations within that single day.&nbsp;</p><p>Swing Trading: …</p>