(FxPM) Forex Price Movement: Trade of the Day

We experienced some technical difficulties as the recording for today was corrupted. Fortunately, we have posted a trade from June 12th, 2012, where Chief Trader Armando Martinez takes +7 PIPS on half and +10 PIPS on his remaining position! In this trade, Chief Trader Armando Martinez takes a passive buy position on the EUR/USD pair. Armando practices patience and uses the PIP-ONACCI Wall trade setup where he finds a very strong support level to enter his trade. Chief trader Armando uses a very tight stop. Armando collects +7 PIPS on half and +10 PIPS on the remaining of the 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 explains to the traders in the live training room about how the market makers think and the mistakes amateur traders make. Armando explains what market makers look for when they try to catch the break out traders. Chief Trader Armando uses an example on the EUR/USD pair. Armando shows how amateur traders get caught in breakout trades and where they place their stops. 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 pair. Armando waits patiently for the EUR/USD to travel into the buy zone where he sees a very strong support level and a PIP-ONNACI Wall trade setup. Chief Trader Armando quickly puts in a very small stop-loss. Seven minutes into the trade Armando collects +9 PIPS of 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 May 24th, 2012, where Senior Trader Matt Miller takes +10 PIPS in his buy position! In this trade, Senior Trader Matt Miller takes a passive buy position on the EUR/USD where he sees strong support. Matt based his decision on a PIP-ONACCI Wall trade setup. Senior trader Matt collects +10PIPS and displays good position management in his trade! 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 to the traders in the live training room about how important it is to collect your profits and not bend rules. Armando explains that it is always best to collect some profits and have a running trade for further gains. The market conditions can change at any moment, so that is why it is important to always put profits in the bank. Chief Trader Armando says that by getting greedy and wanting to collect more out of a trade makes you bend your rules. The result of being greedy and bending your rules will eventually break you as a trader. 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 where the high of the morning was. Matt based his decision since the price was running into the passive zone on the FXPM-Matrix and also used the high of the morning. Senior trader Matt quickly sets his tight stop-loss right above the high. Ten minutes into the trade Matt collects +15 PIPS! 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 passive sell positions on the EUR/USD. Matt based his decision an the PIP-ONNACI Wall trade setup where he found very strong support. Senior trader Matt scales his positions into the market and displays his position management. Matt closes his first small positions for -2, 60% of his full positions for +8, and the rest for +14 PIPS! 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. Matt based his decision on the PIP-ONNACI Wall trade setup where he found very strong support, but waits for deeper levels since he notices the EUR/JPY breaking the high of the day. Since the EUR/JPY was breaking the high Matt Miller was patient with his entry since it would possibly create more volatility into the EUR/USD. Senior trader Matt Matt closes half of his for +9 PIPS and the rest for +12 PIPS! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Senior Trader Josh Wilson takes a passive buy position on the EUR/USD. Josh based his decision on the PIP-ONNACI Wall trade setup where he found a very strong support level. Josh Wilson quickly puts in a very small stop-loss to protect his position and displays his management as the trade works in his favor. Senior Trader Josh closes half of his for +7 PIPS and the rest for +13 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 takes a passive sell position on the EUR/USD. Armando based his decision on the PIP-ONNACI Extreme Wall trade setup and was waiting for deeper levels to enter due to higher volatility as the ECB Press Conference was going on. Armando Martinez puts in a very small stop-loss to protect his position. Chief Trader Armando quickly closes his position for +7 PIPS! 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 June 7th, 2012, where Senior Trader Matt Miller takes a passive buy position on the EUR/JPY pair. Matt takes a buy there because it is where he finds strong support and reminds traders to be cautious as The Fed Chairman Bernanke was speaking. Senior trader Matt collects +9 pips on half and later +16 PIPS on the remaining of his position! 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 GBP/USD as the London session close provided some volatility. Matt takes a sell position based on a PIP-ONACCI Wall trade setup because it is where he finds strong resistance. Senior trader Matt collects +9 PIPS on half and later the remaining position was taken out at break even! 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. Armando takes a sell position based on an active POWER-V Trade setup because it is where he finds a strong resistance area. Chief Trader Armando displays how he manages his position through out the whole trade. Five minutes into the trade Armando collects +9 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. Armando takes a buy position based on an active PIP-ONACCI Wall Trade setup because it is where he finds a strong support area. Chief Trader Armando quickly puts in his stop-loss. Thirty minutes into the trade 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.

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.

Today, Chief Trader Armando Martinez takes an active buy position on AUD/USD pair. Armando makes his decision using the passive B1 level where he finds a strong PIP-ONACCI Wall trade setup. Chief Trader Armando quickly puts in his stop-loss. Just two minutes into the trade Armando collects +10 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 tells traders in the live training room not to trade markets just because they are moving. Armando tells traders that if the movements aren't making sense to you that you shouldn't be trading them. Chief Trader Armando says to only trade the movements that make sense to you. Armando also says not to worry about missing opportunities and when everything makes sense that is the best time to capitalize on trades. 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 tells traders in the live training room not be in a losing trade for so long and if a trade is in your favor always put points in the bank. Armando tells traders that it is important to collect some profits because later you may not have a chance to collect. Chief Trader Armando also says that the remaining of the position that you leave for further gains is a bonus on top of what you have deposited in your account. 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 GBP/USD pair. Armando makes his decision using the 1 Minute PMD's as they were indicating a short term momentum shift and a PIP-ONACCI Wall Trade Setup where he found strong support. Chief Trader Armando quickly puts in his small stop-loss. Just four minutes into the trade Armando collects +6 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 takes an active buy position on EUR/USD pair. Armando makes his decision using the 1 Minute PMD's as they were indicating a short term momentum shift and using the low of the morning to trading the small range. Chief Trader Armando quickly puts in his small stop-loss just below the low of the morning. Just three minutes into the trade Armando collects +9 PIPS on half of the position and an hour later +25 PIPS on the remaining! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.