Another Great Scalping Day!
Today, we had some technical difficulties and were unable to obtain a recording of today’s trades. We were, however, able to obtain a trade from November 14th, 2011 that traders can truly benefit from! In this trade, Chief Trader Armando Martinez takes an active trade on the EUR/USD currency-pair. Keeping an eye on PMDs in the 1-Minute time frame on the FxPM™ Matrix, Armando takes a trade consisting of 2 fills, not too far apart. On the first, he is able to take +7 PIPS of profit. After moving his stop-loss to breakeven and setting a take-profit at 1.3637, he is limited out for a gain of +20 PIPS of profit on the remaining position. 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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