Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes an advanced active trade on the GBPUSD currency. Initially, the price runs against his short position and comes awfully close to his stop-loss of -8 PIPS. Paying careful attention to PMDs in the 1M time-frame on the FxPM™ Matrix that are closing together, he takes one more fill. The price then reverses and Armando is able to take +4 PIPS on his first position, and +15 on the remainder! 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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