Another Great Scalping Day!
Today, Chief Trader Armando Martinez plays it safe in a very slow-moving market. He takes an active short position on the USDCHF, expecting for the price to rise, as a pink PMD in the 1M column on the FxPM™ Matrix indicate. After a bit of fluctuation for a few minutes, the price returns to his entry position, and Armando chooses to let this one go. As price-scalpers, it’s better not to chase a trade when already in an open position. 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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