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 October 13th, 2011 that traders can truly benefit from! Here, Chief Trader Armando Martinez takes an active trade on the EUR/USD currency-pair during a slow market. He sees PMDs in the 1-Minute time frame on the FxPM™ Matrix coming together and is able to anticipate a reversal in the price. He takes 2 fills and while paying close attention to other time frames, he sets his stops accordingly and is able to let a position ride for a whole 25 minutes before taking +22 net pips of profit! 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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