Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes an active position on the AUD/USD Currency Pair. He times his entry using correlation between the AUD/USD and the GBP/USD Currency Pair, watching PMDs in all 5 time-frames of the FxPM™ Matrix. He is in this long position for under 8 minutes, and after setting his stops and eliminating all risk from the trade. He then waits patiently for the price to meet his target exit-level before getting out with +6 PIPS of profit. Learn how to consistently profit in the Forex market by identifying precise entries and exits with FXPM™ and Forex Successful Online Training School.
Filed under: Daily Learning Moment
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