Another Great Scalping Day!
Today, Certified Trader Josh Wilson takes a salivator trade on the EURUSD currency with major price action in the market, emphasizing that he is staying out of the market and taking trades on his Demo Account due to news regarding major Central Banks coming to Europe’s aid. In this passive position, he waits for the price to come up to the black PMD at the 32 level in the 1-hour time-frame on the FxPM™ Matrix. Once this happens, Josh is able to anticipate a retracement and makes a 13 pip profit on his first fill, and a 35 pip profit on his second. 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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