Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes an active buy position on the GBP/USD pair. Armando takes a buy position off of a PIPONACCI-WALL where he sees good support from the 1, 5, and 15 minute PMD’s. It was also close to the bottom of a tight 5 minute range. Armando points out that the GBP was strong all throughout the london session, so that also helped with the decision. The trade produced +15 PIPS in 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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