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Another Great Scalping Day!

Today, Chief Trader Armando Martinez explains pricing trends on the GBPUSD currency pair. By looking at a 5 minute chart on the FXPM™ software, Armando explains the strong support and resistance levels as indicated by the Fibonacci bands. These levels give the trader a good indicator to estimate support and resistance bound prices in order to profit in range bound markets with limited volume. Learn to master these indicators and learn how to profit in any market in our Forex Successful Online Training Room.

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Highlights of the Top Learning Moment

  • Learning Moment # 1: Armando Martinez explains pricing trends on the GBPUSD currency pair. By looking at a 5 minute chart on the FXPM™ software, Armando explains the strong support and resistance levels as indicated by the Fibonacci bands. These levels give the trader a good indicator to estimate support and resistance bound prices in order to profit in range bound markets with limited volume. Learn to master these indicators and learn how to profit in any market in our Forex Successful Online Training Room.

Video Time line (0:00 -1:14)

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