Another Great Scalping Day!
Today, Certified Trader Matt Miller executes a long position on the EUR/USD using the Salivator Trade™ for a quick 8 pips on half the position. For any passive trades (Beginner and Intermediate) you must wait to buy until price is in the green. If you would like to sell you must wait for the red. This is the foundation to the FxPM™ software, wait till you learn about our Price Movement Direction Indicators aka the PMD’s.
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Highlights of the Top 2 Learning Moments
- Learning Moment # 1: Today, Certified Trader Matt Miller executes a long position on the EUR/USD using the Salivator Trade™ for a quick 8 pips on half the position. Chief Trader Armando Martinez also talks about how PATIENCE ALWAYS PAYS OFF. Buying the bottom end of the range after a previous break out. to manage an active entry using the PIP-ONACCI Wall strategy. This was a text book trade, notice how as soon as it entered the passive buying zone that was the time to execute that one. Video Time line (0:00 – 3:04)
- Learning Moment #2: Today, Chief Trader Armando Martinez executes a short position on the GBP/USD using the PIP-ONACCI Wall strategy, resulting in a quick +7 points on half. Notice how patience pays off and how nicely it bounced off our 1st red sell zone. The black PMD’s act as a magnet and when the price overshoot them like that, they tend to come back down allowing you to quickly take a few points and eliminate your risk by putting your stop at Break-Even.. Video Time line (3:05 – 4:33)
Tagged with: forex • forex scalping • forex scalping strategy • forex scalping training • forex strategy • forex trading strategy • forex training • forex training strategy • learn forex • live forex training • passive trading • Salivator Trade • scalping • trade of the day
Filed under: Daily Learning Moment
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