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Another Great Scalping Day!

Today, Chief Trader Armando Martinez executes a buy position on EURUSD- Armando uses the down trend seen on the FXPM™ software matrix as well as the 1 minute PMD’s to buy before the retracement. This Forex strategy allows the trader to profit on fluctuations in the trend. This trade ended up resulting in 13 points.

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FxST Scalpers Daily Recap:

Highlights of the Top 3 Learning Moments

  • Learning Moment # 1: Chief Trader Armando Martinez executes a buy position on EURUSD- Armando uses the down trend seen on the FXPM™ software matrix as well as the 1 minute PMD’s to buy before the retracement. This Forex strategy allows the trader to profit on fluctuations in the trend. This trade resulted in 13 points.

Video Time line (0:00 -1:25)

  • Learning Moment # 2: Armando explains the charting capabilities in the FXPM™ software, by showing a EURJPY 5 minute chart Armando points out support and resistance levels, price trends, retracment levels, and shows a trader how to take advantage of these levels in your trading.

Video Time line (1:30 -5:20)

  • Learning Moment # 3: Chief Trader Armando Martinez executes a buy position after a Power V™ set up is established on GBPUSD and EURUSD.

Video Time line (5:25 -7:13)

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Filed under: Daily Learning Moment

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