Another Great Scalping Day!
Today, Certified Trader Josh Wilson takes a trade consisting of two fills on the EURUSD currency as the price is coming down to a black PMD in the 15M time-frame on the FxPm™ Matrix. The trade also happens to be a passive one, as Josh is able to take his entry point in the first Buy-Zone. The price immediately retraces, and Josh skillfully shifts his stops to break-even as to eliminate risk on the trade. One one fill, he is able to take +10 PIPS, and on the remaining fill, he targets another black PMD in the 1M time-frame, and once the price hits, he is able to take +18 PIPS. 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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