Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes an active position on the GBPUSD currency and is able to make a quick 8 pips. Armando uses the PMDs in all time frames of the FxPM™ matrix to recognize that the price is headed into an upward trend due to a Follow The Leader trend. When the price comes down to the 40s level, he exploits it by anticipating an upward retracement. Adjusting his stops accordingly, he’s able to get in and get out quickly. Learn how to consistently profit in the Forex market by identifying precise entries and exits with FXPM™ and Forex Successful Online Training School.
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Filed under: Daily Learning Moment
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