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fxmastery

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15 selected videos

2011-12-07 Forex School Scalping Strategies

forexsuccessfultraders.com - Today, Certified Trader Josh Wilson trades the GBP currency during the announcement of NIESR GDP Estimate Numbers for the month. Here, he takes a passive position on the currency as it approaches a PIP-ONACCI Wall at the 22 level in the second Sell Zone of the FxPM™ Matrix. He loads up with 4 lots, then closes half his position for +6 PIPS each, leaving the other two fills to run. He closes the first of those two fills for +8 PIPS and the remainder for +15 PIPS,...

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Time : 2 min 41

Added : 07/12/11 18:35

Related topics : homeschool resource of the day

2011-11-15 Forex School Scalping Strategies

forexsuccessfultraders.com - There were some technical difficulties today and unfortunately, we are unable to provide you with a trade from today's recording. Below, however, we have a trade from October 20th where Armando is able to take in +30 PIPS of profit! This video actually consists of two trades, one on the EURUSD currency and another on the GBPUSD currency. Armando cautions that simultaneous trades on multiple currencies are not recommended for novice traders, as they require a keen...

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Time : 2 min 25

Added : 15/11/11 17:41

Related topics : homeschool resource of the day

2011-12-02 Forex School Scalping Strategies

forexsuccessfultraders.com - Today,Chief Trader Armando Martinez takes a practice trade during the announcement of Non-farm Payroll Numbers. Armando cautions traders that during volatile markets, it's safer to just stay out of your live account and trade through your demo because of the amount of price action taking place. During these times, the market can prove to be even more unpredictable than usual. In this trade, Armando takes an active position on the EUR currency. He trades 2 fills on...

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Time : 2 min 12

Added : 02/12/11 19:01

Related topics : homeschool resource of the day

2011-11-17 Forex School Scalping Strategies

forexsuccessfultraders.com - In today's trade of the day, Chief Trader Armando Martinez waits for price action from the EURUSD currency in anticipation of a short passive position. Unfortunately, he overestimates the price movement and the currency falls short in reaching the ideal level that Armando had anticipated before retracing. Instead of getting down, he reminds traders that it is better to be out of a trade, wishing you were in rather than in a trade, wishing you were out. Learn how to...

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Time : 2 min 55

Added : 17/11/11 18:56

Related topics : homeschool resource of the day

2011-11-03 Forex School Scalping Strategies

forexsuccessfultraders.com - Today,Chief Trader Armando Martinez takes a trade after an announcement by the European Central Bank to cut interest rates by a quarter-percent! Armando cautions traders that during markets such as these, it is awfully risky to get involved in a trade because of such a high amount of volatility. In this sallivator trade, he waits for the price to come deep enough into the Buy-Zones on the FxPM™ Matrix, while also meeting a black PMD in the 5M time-frame. Once he...

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Time : 3 min 45

Added : 03/11/11 19:27

Related topics : homeschool resource of the day

2011-11-04 Forex School Scalping Strategies

forexsuccessfultraders.com - Today we had some technical difficulties, and unfortunately we are unable to provide you with a trade from today's session where nonfarm payroll numbers were released due to the fact that our recording went out. However, we've posted a trade from October 20th, where Chief Trader Armando Martinez was able to take active entries on both the GBPUSD and EURJPY currencies. Both trades are advanced trades, as Armando takes careful notice of the distance between PMDs in...

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Time : 1 min 57

Added : 04/11/11 16:51

Related topics : homeschool resource of the day

2011-11-02 Forex School Scalping Strategies

forexsuccessfultraders.com - Today,Chief Trader Armando Martinez takes an active trade on the EURUSD currency. On this appetizer trade, Armando takes careful notice of PMDs in the 1M, 5M, and 15M time-frames on the FxPM™ Matrix to get a general gauge on which way the price is headed. He carefully sets his stop, and is able to take two fills. Once he sees the market hint toward a price reversal, he closes one position for +2 PIPS of profit, and the remaining for +12 PIPS of profit! Learn how...

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Time : 2 min 42

Added : 02/11/11 18:46

Related topics : homeschool resource of the day

2011-11-01 Forex School Scalping Strategies

forexsuccessfultraders.com - Today,Chief Trader Armando Martinez takes an active entry on the GBPUSD currency, taking careful consideration of PMDs in the 1M time-frame on the FxPM™ Matrix. These allow for him to gauge a general immediate direction of the price, and he is able to capitalize on his short position on the currency with 2 lots. He makes +7 PIPS of profit on his first fill and +10 PIPS on the remainder. Learn how to consistently profit in the Forex market by identifying precise...

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Time : 3 min 12

Added : 01/11/11 17:28

Related topics : homeschool resource of the day

2011-11-11 Forex School Scalping Strategies

forexsuccessfultraders.com - Happy Veterans Day, traders! As the New York session was closed today due to the banking holiday, we kept the Live Training Room closed and unfortunately did not take any trades. There is, however, a trade posted from November 20th whereChief Trader Armando Martinez takes a near-passive trade on the EURUSD currency as its price comes very close to the first Buy-Zone on the FxPM™ Matrix. Here, he takes two lots and is able to capitalize by earning +6 PIPS of profit...

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Time : 1 min 34

Added : 11/11/11 16:58

Related topics : homeschool resource of the day

2011-11-14 Forex School Scalping Strategies

forexsuccessfultraders.com - Today,Chief Trader Armando martinez takes an active trade on the EURUSD currency! Keeping an eye on PMDs in the 1M time-frame on the FxPM™ Matrix, Armando takes a trade consisting of 2 fills, not too far apart. On the first, he is able to take +7 PIPS of profit. After moving his stop-loss to breakeven and setting a take-profit at 1.3637, he is limited out for a gain of +20 PIPS of profit on the remaining position. Learn how to consistently profit in the Forex...

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Time : 3 min 05

Added : 14/11/11 19:01

Related topics : homeschool resource of the day