Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes advantage of price action on the EURUSD currency. After the currency breaks lows for the day, Armando is able to anticipate a retracement at a low 70’s level, recognizing that he can use a PIP-ONACCI Wall on the FxPM™ Matrix at the mid-60’s level as support to place his stop. After the price bounces, Armando capitalizes and is able to take a quick 8 points. 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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