Another Great Scalping Day!
Today, Chief Trader Armando Martinez gauges the EUR/USD currency pair as it breaks lows for the day. In a succeeded attempt to break lows, the price ventures into passive territory as it breaks into the first Buy Zone on the FxPM™ Matrix. Here, Armando decides to take a long position and immediately sets his stop-loss to -7 in case of a breakout. The price retraces, and after holding for close to nine minutes, he decides to exit with +11 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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