Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes a trade on the GBPUSD currency. On this active trade, he takes a short position on the currency, watching EURUSD and AUDUSD closely for correlation. Once he gets a gauge on the direction the price is headed, he brings his stop-loss even closer to break-even to eliminate the risk on the trade, and is then able to take +11 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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