Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes long positions on two different currencies, the EUR/JPY currency and the GBP/USD currency. Both positions taken are similar active positions, though on the latter, he takes two fills. He watches PMDs in the 1M Time Frames on both the FxPM™ Matrices as they get closer together and from this, he’s able to anticipate a move upward in the prices of these currencies. He takes +10 PIPS altogether on the EUR/JPY and +13 on the GBP/USD for a total of +23 PIPS! Learn how to consistently profit in the Forex market by identifying precise entries and exits with the FXPM™ Software and ForexSuccessfulTraders Online Training School.
Filed under: Daily Learning Moment
Like this post? Subscribe to my RSS feed and get loads more!