What Exactly Is “sniping”? A Look At Short-Term Sniping

What Exactly Is “sniping”? A Look At Short-Term Sniping

Written by: PaxForex analytics dept - Wednesday, 19 February 2020 0 comments

The "Sniper" strategy is always in the zone of increased attention of traders - both beginners and experienced ones. The intraday strategy got its name for accurate market entry. So why did the Forex sniper strategy gain popularity?

  • The strategy is suitable for all currency assets.
  • It is used on 5-minute charts, so you can open many positions during the day and get more profit.
  • The strategy can be used with the least risk if you follow the rules of work (postulates) for a sniper.