Another Great Scalping Day!
Today, we’re using a trade from October 20th, where Chief Trader Armando Martinez was able to take +32 PIPS of profit on 2 currencies, the EURUSD and the GBPUSD. Both are similar active positions where Armando is able to place careful stops so as to avoid losses on a swing in the opposite direction. The prices then move in a favorable direction, as Armando was able to anticipate using PMDs in the 1M time-frame on the FxPM Matrix. Once he is satisfied with his points, he exits with +25 PIPS of profit on the EURUSD currency and +8 PIPS of profit on the GBPUSD currency! 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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