Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes atrade on the EURJPY Currency. The trade is an active trade, and accordingly, Armando keeps an eye on PMDs in the 1M time frame on the FxPM™ Matrix while eying a price reversal for a potential refuel trade. He sets a stop-loss so as to minimize his risk in case the price runs against him, and ends up staying in the trade for 25 minutes! In the end, he limits out of this trade with +20 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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