Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes a passive trade on the EURUSD currency as it approaches big figure. Certified Trader Josh Wilson announces the trade as the price comes down into the first Buy Zone on the FxPM™ Matrix. On this long position, the price is moving quite fast, and not long after taking an entry position, Armando sets his stop-loss, then adjusts it to break-even. He decides it is better to take his points than stay in during rapid price action and have the price move against him and is able to net +6 PIPS of profit on the trade. 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!