Another Great Scalping Day!
Today Chief Trader Armando Martinez takes an active trade on the GBP/USD currency. He takes his trade as PMDs in the 1M timeframe come together, right before they flip directions. Once they DO flip direction, Armando stays in the trade, but not before protecting himself. He sets a tight stop-loss and a take-profit for +20 PIPS at an area where he sees a PIP-ONACCI Wall on the FxPM™ Matrix. After about 13 minutes in the trade, he limits out with +20 PIPS of profit! 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
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