Another Great Scalping Day!
Today, Chief Trader Armando Martinez talks about the most basic trade-setup, using the AUD/USD currency pair as an example. The Follow The Leader Trade-Setup, he explains, should be the foundation of anticipating market momentum. He goes into detail about the setup, which is characterized by PMDs in all time frames across the FxPM™ Matrix pointing towards the direction in which the price is moving. Armando then explains how recognition of the Follow The Leader Trade-Setup can help in recognizing other more advanced formations. 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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