Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes an active trade on the EURUSD currency. On this appetizer trade, Armando takes careful notice of PMDs in the 1M, 5M, and 15M time-frames on the FxPM™ Matrix to get a general gauge on which way the price is headed. He carefully sets his stop, and is able to take two fills. Once he sees the market hint toward a price reversal, he closes one position for +2 PIPS of profit, and the remaining for +12 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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