Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes active buy positions on three currency pairs. The AUD/USD, EUR/USD, and GBP/USD. Armando makes his decision based on how far the market has broke out, prices were close to the lows of the day, and a slowing down in the markets momentum to the downside. Chief Trader Armando practices a rule of letting go of AUD/USD for a small loss since it turned into a losing trade and explains how important it is to be able to do so as a trader. The EUR/USD GBP/USD pairs were still working in Armando’s favor and collected +8 on EUR/USD and +7 on GBP/USD! 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
Like this post? Subscribe to my RSS feed and get loads more!