2012-03-22 Forex School Scalping Strategies
April 23, 2012 by admin
Filed under Fx Forex Trading Courses
www.forexsuccessfultraders.com – Today, Chief Trader Armando Martinez takes a trade on the EUR currency pair that nets him +9 PIPS of profit in less than two minutes, while explaining the mechanics of the FxPM™ software. He explains that when placing stop-losses, there is a default of -20 PIPS ready to be set so that traders can immediately limit the risk on their trade before the market moves against them. He explains that this “disaster stop” is what could’ve helped a trainee on our own floor who left their trade open overnight, only to find himself down -130 PIPS in the morning! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System. Sign up for your Free 3-Day Trial today: www.forexsuccessfultraders.com
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2012-02-17 Forex School Scalping Strategies
April 18, 2012 by admin
Filed under Fx Forex Trading Courses
www.forexsuccessfultraders.com – We experienced some technical difficulties as the recording for today was corrupted. Fortunately, we have posted a trade from February 17th, 2012, where Chief Trader Armando Martinez takes a trade for breakeven. In this trade, Armando looks at the GBP/USD currency pair and goes into a bit of detail about his trade-management and his thought-process. He first explains that he is risking half as much as could be rewarded to him on the long position taken. He then talks about setting a tight stop, in case the support level consisting of black PMDs in both the 1-Minute and 5-Minute time-frames of the FxPM™ Matrix breaks through. Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System. Sign up for your Free 3-Day Trial today: www.forexsuccessfultraders.com
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2012-01-12 Forex School Scalping Strategies
April 7, 2012 by admin
Filed under Fx Forex Trading Courses
forexsuccessfultraders.com – Today Chief Trader Armando Martinez takes an active trade on the GBP currency. He takes his trade as PMDs in the 1M timeframe come together, right before they flip directions. Once they DO flip direction, Armando stays in the trade, but not before protecting himself. He sets a tight stop-loss and a take-profit for +20 PIPS at an area where he sees a PIP-ONACCI Wall on the FxPM™ Matrix. After about 13 minutes in the trade, he limits out with +20 PIPS of profit! Learn how to consistently profit in the Forex market by identifying precise entries and exits with the FXPM™ Software and ForexSuccessfulTraders Online Training School.
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2012-03-02 Forex School Scalping Strategies
March 24, 2012 by admin
Filed under Fx Forex Trading Tips
www.forexsuccessfultraders.com – Today, Senior Trader Josh Wilson talks about a trade he had taken earlier on the EUR/USD currency pair. He points particularly toward PMDs in the 1-Minute time frame of the FxPM™ Matrix that are switching direction for not only the EUR/USD, but also other USD-based currency pairs. It’s important to take note of currency correlations when gauging opportunities to take PIPS. Once Josh has taken note of the PMDs, he feels it necessary to set a stop-loss at breakeven in case the price loses momentum and comes back down past his entry. Josh then reminds trader to always keep the risk-reward ratio in mind when taking trades, as it is better to be capitalizing on opportunities that provide favorable percentages. Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System. Sign up for your Free 3-Day Trial today: www.forexsuccessfultraders.com
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2012-02-06 Forex School Scalping Strategies
March 23, 2012 by admin
Filed under Fx Forex Trading Courses
forexsuccessfultraders.com – Today, Chief Trader Armando Martinez does some analysis on a Forex Successful Trader’s mentality when taking trades, while also pointing out one of the major advantages of the FxPM™ Software. Armando points out that only opportunities of upwards of 70% success should be taken, because otherwise, traders are only playing a game of chance. A range-bound market doesn’t present too many opportunities of this nature, and so Armando sits on the sideline and waits patiently. He then dives into how multiple Fibonacci Levels can be seen when looking at the EUR FxPM™ Matrix. Learn how to consistently profit in the Forex market by identifying precise entries and exits with FXPM™ and Forex Successful Online Training School.
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