Another Great Scalping Day!
Today, Armando Martinez takes a trade on the GBP/USD currency pair while keeping a close eye on both the EUR/USD and the AUD/USD currency pairs. On this active position, he looks at a black PMD in the 5-Minute time frame on the FxPM™ Matrix as a steady support level and with minimized risk, he explains why taking a buy-position where he did is likely to bring him some PIPS. He then goes into a bit of detail about how getting familiar with the matrix and seeing different strategy-formations before and while they are occurring can take some time, but is worth the patience. Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.
Filed under: Daily Learning Moment
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