Another Great Scalping Day!
Today, Senior Trader Josh Wilson trades the GBP/USD currency during the announcement of NIESR GDP Estimate Numbers for the month. Here, he takes a passive position on the currency as it approaches a PIP-ONACCI Wall at the 22 level in the second Sell Zone of the FxPM™ Matrix. He loads up with 4 lots, then closes half his position for +6 PIPS each, leaving the other two fills to run. He closes the first of those two fills for +8 PIPS and the remainder for +15 PIPS, netting +35 PIPS altogether in a matter of only two minutes! 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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