Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes an active position on the EURUSD currency. On this appetizer entry, he watches the PMDs in the 1M time frame on the FxPM™ Matrix and times his entry point carefully as the price hits the black PMD. Off this and the direction of the other PMDs in the time frame, Armando anticipates a retracement. He sets a stop-loss to minimize risk on the long position, then takes +9 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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