Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes an active buy position on the AUD/USD pair a few minutes after Unemployment Claims. Armando takes his position with a very tight stop-loss since it was an aggressive entry. Chief Trader Armando bases his decision using the 1 minute PMD’s as the short term momentum was slowing down and because AUD/USD did not respond the way as the other currencies did after the Unemployment Claims numbers. It was a stronger currency. Just 12 minutes into the trade Armando collects +8 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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