Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes a trade on the EURJPY currency as it is entering the first Buy-Zone on the FxPM™ Matrix. He uses PIP-ONACCI Walls in the 15M and 4H time-frames to identify an ideal entry position, then lets it ride with 3 lots. Once he is up on this passive trade, he locks in profits on two positions, only for the price to come back down and meet his stop-loss level on the remaining one. In the end, he is able to take a net +28 PIPS of profit! 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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