Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes a long position on the EURUSD currency. He adjusts his stops carefully, moving them up from -9, to +1, while also setting a take-profit along the area of the first sell-zone on the FxPM™ Matrix of about +31 pips. Once the price rises above them, he uses the blue PMD’s in the one-minte and five-minute columns as support and is able to capitalize on his active entry by gaining a profit of about 22 Pips! 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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