Another Great Scalping Day!
Today, Chief Trader Armando Martinez takes active sell positions on both the GBP/USD and EUR/USD pairs. Armando takes these positions based on watching the 1 minute PMD’S slowing down and anticipating a RE-FUEL trade for a short term reversal. Chief Trader Armando also used the high of the morning as a resistance level for both pairs. Chief Trader Armando quickly puts in his stop-losses. Seven minutes into the trade Armando collects +8 PIPS on the GBP/USD and Fourteen minutes later collects +14 PIPS on the EUR/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
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