(FxPM) Forex Price Movement: Trade of the Day

Today, Chief Trader Armando Martinez takes a passive buy position on the EUR/JPY. Armando takes the trade in the first buy zone using a combination of a PIPONACCI-WALL and the low of the day for support to determine his trade. The trade created +10 PIPS of profit in less than 3 minutes! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez takes an active buy position on the GBP/USD pair. Armando takes a buy position off of a PIPONACCI-WALL where he sees good support. Also he notices that the AUD/USD and EUR/USD pairs were running up and uses those to help make his decision. 10 minutes later the trade produces +10 PIPS in profit! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez takes an active buy position on the GBP/USD pair. Armando takes a buy position off of a PIPONACCI-WALL where he sees good support from the 1, 5, and 15 minute PMD's. It was also close to the bottom of a tight 5 minute range. Armando points out that the GBP was strong all throughout the london session, so that also helped with the decision. The trade produced +15 PIPS in profit! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez takes a passive sell position on the EUR/USD pair. Armando takes a sell position off of a PIPONACCI-WALL where he sees good resistance. Armando practices patience with his trade and trades his plan. The trade produced +8 PIPS in profit in almost less than a minute! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Senior Trader Matt Miller takes a passive sell position on the EUR/USD pair. Matt patiently waits for the EUR/USD to break the high of the day. Matt advises traders to trade with caution on Fridays because of dangerous unpredictable market conditions. Senior trader Matt Miller takes a sell at a PIP-ONACCI Wall where he sees a very strong resistance level. Matt starts collecting on his trade with a quick +7 PIPS and let's his last position run to +13 PIPS in profit! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez takes two active buy positions on the EUR/USD and GBP/USD pairs. Armando takes a buy on both EUR/USD and GBP/USD where he found strong support from the two pairs. The GBP/USD was at the bottom of a 5 minute range, so Armando uses that to plan his trade anticipating the levels to hold and for the 1 minute PMD's to turn into RE-FUEL trades. Chief trader Armando sets -5 pip stop-losses on both trades! After 5-7 minutes into the trades he starts to collect GBP/USD for +7 and EUR/USD for +10 PIPS in profit! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez takes an active sell position on the EUR/USD pair. Armando takes a sell there because it is where he found strong resistance. Armando uses the 1 minute PMD's to plan his trade anticipating the level to hold and for the 1 minute PMD's to turn into RE-FUEL trades. Chief trader Armando sets -5 pip stop-loss! Armando collects +7 PIPS in profit! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez makes the most he can of an opportunity presented by the EUR/USD currency as it approaches a level of support at a black PMD in the 4-Hour time-frame, near the first Buy-Zone of the FxPM™ Matrix. Armando starts off immediately by setting a very tight stop-loss of -3 PIPS on this active trade, in case the move runs against him. After a few minutes he adjusts the stop-loss to breakeven. Armando waits a bit too long to take his points and the price stops him out, but he has already determined his next point of entry and points out two ideal levels that would create good opportunities for another buy-position. Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez makes the most he can of an Appetizer trade presented by the EUR/USD currency as it approaches a level of support at a blue PMD in the 5 minute time-frame. Armando determined his trade since the 1 minute PMD's were still showing momentum to the up side. Armando starts off immediately by setting a very tight stop-loss of -7 PIPS on this active trade, in case the move runs against him. After a few minutes he adjusts the stop-loss to -1 as the trade moves in his favor. A few minutes later the price reached the 1 minute PMD's on the FxPM Matrix and Armando collects +9 PIPS! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez explains why to trade the Yens with caution. Armando uses EUR/JPY as an example from a 90 pip move during the london session. He discusses how traders can get caught in a fast moving market and how traders can find themselves in a bad position during these times. Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez takes an active buy position on the EUR/JPY. He determines his trade using the EUR/USD and by watching the 1 minute PMD's. He takes the trade using a very tight stop-loss of -6 PIPS. As he takes the trade Armando explains the benefits of using the FXPM Matrix software vs using just charts and how it helps traders cut their learning curve. Four minutes later the trade produced +10 PIPS in profit! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez takes a passive buy position on the EUR/USD after news came out. Armando takes a buy position from a very strong PIP-ONACCI wall support level and quickly protects his position as it was a fast market. The position was taken out at break even with no loss. Later in the session after the market relaxed Armando took a buy on GBP/USD. He watched the 1 minute PMD's and used the 4 hour support level to make his decision. Chief Trader Armando took +9 on half of his position and later collected +15 on the remaining! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez takes an active buy position on the EUR/USD using a Power-V trade setup. Armando takes a buy position from a strong 5 minute support level and uses that to determine his entry. In less than a minute Chief Trader Armando takes a quick +7 PIPS in profit! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez takes a passive buy position on the EUR/USD using a PIP-ONACCI Wall trade setup. Armando takes a buy position from a very strong 4 hour support level as it hits a buy signal on the FXPM Matrix software and uses that to determine his entry. In less than a minute Chief Trader Armando takes a quick +15 PIPS in profit! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez takes an active buy position on the EUR/USD anticipating a Power-V trade setup after the market relaxed from the Non-Farm Payroll numbers. Armando takes a buy position from a strong 5 minute support level. Armando quickly puts in a very tight stop-loss to protect his position. In less than two minutes Chief Trader Armando collects +18 PIPS in profit! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

We experienced some technical difficulties as the recording for today was corrupted. Fortunately, we have posted a trade from March 15th, 2012, where Chief Trader Armando Martinez takes a trade for a total of +20 PIPS! In this trade, Armando takes an active trade on the EUR/JPY currency pair shortly after PMDs in the 1-Minute time frame of the FxPM Matrix have converged and flipped direction. He takes two fills, anticipating that the same PMDs will hold as support, but sets a tight stop-loss nonetheless. After some time, he exits his first position with +8 PIPS of profit, and eliminates risk on the trade immediately by adjusting the stop-loss to breakeven. Shortly thereafter, he takes another +12 PIPS on the remaining position, for a net +20 PIPS of profit! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez takes a passive sell after the London session close. Armando practices patience as the market tends to make hard moves during this time and played passively due to the time of day. Chief trader Armando takes a sell off of a passive zone from the FXPM-Matrix software where he sees strong resistance. He used the PIP-ONACCI Wall trade setup to determine his entry. Armando collected +7 PIPS on 1 lot and +12 PIPS on the remaining half! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

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.

We experienced some technical difficulties as the recording for today was corrupted. Fortunately, we have posted a trade from April 19th, 2012, where Chief Trader Armando Martinez takes a passive sell position on the EUR/USD pair. Armando takes a sell position off of a PIPONACCI-WALL where he sees good resistance. Armando practices patience with his trade and trades his plan. The trade produced +8 PIPS in profit in almost less than a minute! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Chief Trader Armando Martinez takes passive buy positions on AUD/USD and EUR/JPY. Armando practices patience as the market was breaking down right after news numbers were released. Chief Trader Armando takes a buy position on the AUD/USD using the PIPONACCI-Wall trade setup where he sees strong support. Armando quickly collected +7 PIPS on the AUD/USD trade. Three minutes later Armando points out the EUR/JPY to traders in the room as it runs into the passive buy zone and takes a buy position using the PIPONACCI-Wall trade setup. Armando quickly collects +10 PIPS resulting in +17 PIPS in total! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.