Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes an active trade on the EURUSD currency and is able to net +43 points! He uses the PMDs on the FxPM™ Matrix to gauge the direction of the market and takes six fills on his short position. He sets a 7-point stop, then closes three fills for a total of +9 points between the three, and adjusts the stop to break-even once he is up 7 points on the trade. He then takes +10, +14, and +10 respectively on his last three. 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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