Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes a long position on the EUR/USD currency, keeping a careful eye on PMD’s in the 1M, 5M, 15M, and 1H Time Frames on the FxPM™ Matrix. He makes sure to place a stop-loss of -7 PIPS so as to minimize risk on the trade. Armando stays in this active trade for more than 20 minutes, and his patience pays off with a profit of +12 PIPS on the position! Learn how to consistently profit in the Forex market by identifying precise entries and exits with FXPM™ and Forex Successful Online Training School.
Filed under: Daily Learning Moment
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