Another Great Scalping Day!
Today, Certified Trader Armando Martinez takes two active entries on the EURUSD currency and is able to capitalize and earn 20 pips! During a speech by President Obama, the market begins to encounter serious price action. Normally, Armando stays out due to the volatility in markets during such speeches, so in this particular scenario, he takes a practice trade on his demo account. His initial long position moves against him, and Armando ends up losing some points, but after taking a second fill, he sets his stops and rides a retracement to gain some profit! 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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