forex trading strategy podcast[HTML1] Another Great Scalping Day!

Today, Chief Trader Armando Martinez explains a USDCHF currency pair trade that he entered on two separate occasions each after reaching strong levels of resistance. After the second attempt failed to respond to these resistance levels Armando decides to stay out of the market. Sometimes the best trade is to not take one at all. Recognizing these market abnormalities is important for new traders to learn from if they are to master the Forex Market. Learn to recognize irregular markets and more in our online training room.

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FxST Scalpers Daily Recap:

Highlights of the Top 2 Learning Moments

  • Learning Moment # 1: Armando Martinez explains a USDCHF which had the set up of an Appetizer™ Trade, however after initially getting the run he was looking for the trade reversed and ended up at break even. This abnormal behavior continued moments later.

Video Time line (0:00 -2:15)

  • Learning Moment # 2: Armando Martinez explains a USDCHF currency pair trade that he entered on two separate occasions each after reaching strong levels of resistance. After the second attempt failed to respond to these resistance levels Armando decides to stay out of the market. Sometimes the best trade is to not take one at all.Video Time line (2:15-8:53)

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Filed under: Daily Learning Moment

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