Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes an active trade on the AUD/USD currency pair as the EUR/USD breaks lows for the day, late in the London Session. The trade consists of two long fills and Armando takes his entry at a PIP-ONACCI Wall in the 15M time frame of the FxPM™ Matrix. He makes sure to set a tight stop-loss in case the price breaks out. Once he is satisfied with some PIPS on his first fill, he moves his stop to breakeven. Waiting patiently after that, he exits his remaining fill, taking +18 PIPS altogether in a matter of only 7 minutes! 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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