Another Great Scalping Day!
In today’s Trade of the Day, our recording was started a little late, and unfortunately, only the second half of the trade is visible. Chief Trader Armando Martinez takes a long trade on the EUR/USD Currency and watches PMDs in the 1M Time Frame of the FxPM™ Matrix carefully so as to gauge a general sense of which way the market is going. By the time the recording has started, he has already set his stop-loss to breakeven as he is up +12 PIPS on the position. He waits about a minute longer before deciding that he is satisfied with his points and exits the trade with +14 PIPS of profit! The office will be closed till January 3rd and we want to wish everyone a Happy Holidays and Happy trading! 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!