Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes a trade on the EUR/USD currency. On this active long position, Armando pays close attention to PMDs in the 1M and 5M timeframes of the FxPM™ Matrix. He stays in the position for about 2 minutes and decides to take his profits as the PMDs in the 5M timeframe flip and signal a retracement. In all, he is able to net +9 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!