Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes active positions on multiple currencies! He cautions traders that managing positions on multiple currencies can be tedious and confusing, especially for novice traders. As stock futures for the morning were very high, there was a strong signal that there would be a USD sell-off. Accordingly, Armando takes long entry positions on the EURUSD, GBPUSD, AUDUSD, and EURJPY currencies. He stays in these trades for a total of about 17 minutes and is able to take profit on each currency except the EURJPY, which took a little longer to get going. Though Armando wasn’t able to capitalize on this currency, he takes profit on the other three which net +68 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.
Podcast RSS Subscription:
Get Daily Forex Scalping Market Reports!iTune’s Software
Filed under: Daily Learning Moment
Like this post? Subscribe to my RSS feed and get loads more!