Another Great Scalping Day!
Today, Certified Trader Matt Miller takes a trade on the EURJPY early in the session. Matt waits for some level of stabilization in the currency pair before taking this trade after markets had whipsawed in the morning hours. A dip down into the 3rd Buy Zone on the FxPM™ Matrix in conjunction with a black PMD on the 4hr time frame gives Matt enough evidence suggesting support at this level. After taking a smaller position size then normal to calibrate for the current markets high volatility Matt is able to net 15 points. Take your trading to the next level by learning how to use the FxPM™ Matrix to spot trading opportunities and consistently profit in the Forex market with FxPM™ and Forex Successful Online Training School.
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Filed under: Daily Learning Moment
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