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Another Great Scalping Day!

Today Chief Trader Armando Martinez executes a short position on GBP/USD using the PIP-ONACCI Wall™ – Resulting in +7 Pips. This was a great trade to practice  position management for you advanced traders. By using precise entries Armando was able to close out his lower positions for a small loss, but make a larger profit on his upper positions, allowing him to overall profit in the trade. This takes times to be able to correctly manage these positions so keep working at it!!! After logging in, members can find more videos explaining all of our trade Strategies on the 7-Day Scalpers Action Guide.


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FxST Scalpers Daily Recap:

Highlights of Top 3 Learning Moments

  • Learning Moment # 1: Chief Trader Armando Martinez talks about the flow of money in the Forex market. Now that rumors are spreading about Japanese interevention with the yen, we must keep in mind sentiment could start shifting in the market. You must always be aware of topics like this in order to protect yourself from the Forex Bully’s (market makers). After logging in, members can find more videos explaining all of our trade Strategies on the 7-Day Scalpers Action Guide.Video Time line (0:00 -0:50)
  • Learning Moment # 2: Chief Trader Armando Martinez talks about the slow market conditions we have been experiencing through out the summer. We would expect liquidity to increase as the bankers and big fund managers start taking risks in the markets again as they are coming back from vacation. However, we are in a very unique time to be trading, and will have to in to account these slow markets as we continue to trade everyday. We take more aggressive positions, but everything comes from the same foundation as our passive trading approach. Video Time line (0:51 -2:43)
  • Learning Moment # 3: Chief Trader Armando Martinez executes a short position on GBP/USD using the PIP-ONACCI Wall™ – Resulting in +7 Pips. This was a great trade to practice  position management for you advanced traders. By using precise entries Armando was able to close out his lower positions for a small loss, but make a larger profit on his upper positions, allowing him to overall profit in the trade. This takes times to be able to correctly manage these positions so keep working at it!!! After logging in, members can find more videos explaining all of our trade Strategies on the 7-Day Scalpers Action Guide. Video Time line (2:44 -3:32)

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