Another Great Scalping Day!
Today, Certified Trader Josh Wilson stays out of the market and advocates caution in the market as Non-Farm Payroll numbers were announced, driving USD based currency prices way up. He takes 2 trades on the AUDUSD currency while the market is settling and is able to use PMD’s in both 1M and 5M columns on the FxPM™ Matrix to anticipate a retracement after the currency found its high of the day. Once it enters the the first Buy-Zone, he takes a passive trade and is able to net +16 points on both trades. 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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