Basically you're using the pick to move in tiny circles on your strings, you're barely touching the string allowing speed and touch.
Is picking a guitar technique?
Picking Techniques
- Always point the pick directly down towards the guitar.
- Do not allow it to spin while picking.
- Make sure your grip is comfortable.
- Make sure you have a firm grip.
- Rest your forearm on the guitar for stability and comfort.
What is economy picking on a guitar?
Economy picking is a guitar picking technique designed to maximize picking efficiency by combining alternate picking and sweep picking; it may also incorporate the use of legato in the middle of alternate picking passages as way to achieve higher speed with less pick strokes.