(FxPM) Forex Price Movement: Trade of the Day

Today, Chief Trader Armando Martinez explains how breakout traders trade. Armando shows on the EUR/USD how the market fakes them out and comes back to hunt for stop-loss orders. Chief Trader Armando also says to traders that if they choose to trade this way to be smart about their management and to always protect the position. 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 July 31st, 2012, where Senior Trader Josh Wilson takes +7 PIPS on half of his position and +13 PIPS on the remaining! In this trade, 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 buy position on EUR/USD pair. Armando based his decision on using a PIP-ONACCI Wall Trade setup in the first passive zone as the 1 minute PMD'S momentum was in favor of the early entry. Chief Trader Armando quickly sets a very tight stop-loss of 7 PIPS. Just a Minute into the trade Armando collects +11 PIPS on his 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 answers a question that a trader had in the online live training room discussing risk. Armando says that risk is different for every trader. It is about how much you can tolerate that will keep you focused. Chief Trader Armando said to find what your comfort zone is and to stay consistent with it. 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 based his decision on using the weekly low, GBP/USD was sold off for over 120 PIPS, and the RE-FUEL Trade setup. Chief Trader Armando quickly sets a very tight stop-loss of 9 PIPS. Seven minutes into the trade Armando collects +17 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 based his decision on using the big figure and a very strong five column PIP-ONACCI Wall setup.. Chief Trader Armando quickly sets a very tight stop-loss of 5 PIPS. Four minutes into the trade Armando collects +8 PIPS on half of the position and holding the remaining through the ISM Non-Manufacturing PMI numbers for further gains. After the numbers were released Armando collected +25 PIPS seven minutes into the trade 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 discusses about the market changes we have been experiencing. Armando tells the traders in the live online training room that these are the best market conditions to learn patience. Chief Trader Armando that these conditions can be very frustrating, but patience and waiting for the highest probable trades is all you can do with a slow moving market. 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 EUR/USD and GBP/USD pairs. In the EUR/USD trade Armando based his decision using a 4 Hour PIP-ONACCI Wall Trade setup where he found a very strong support level. One Minute into the trade Chief Trader Armando collected +7 PIPS. The second trade Armando took another active buy position on the EUR/USD 26 Minutes later. Armando was using the same area for strong support where the 4 Hour PIP-ONACCI Wall was, but this time in combination with using the Re-Fuel Trade setup. Twelve minutes into the trade Chief trader Armando collected +8 PIPS! Later in the session Armando shifted focus and took an active buy position on the GBP/USD where he was using the low of the morning for support and anticipating a Re-Fuel Trade setup. Chief Trade Armando Martinez collected +20 PIPS on the GBP/USD trade! Total for the session was +35 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 active buy positions on EUR/USD. Armando makes his decision using the 5 Minute PIP-ONACCI Wall setup at big figure. Chief Trader Armando quickly sets his tight stop-loss. Just seconds into the trade Armando collected +11 PIPS on a portion of his position and later the remaining position gets limited out for +16 PIPS! Some of the traders in the live online training room that listened to Chief Trader Armando Martinez’s suggestion collected more PIPS as EUR/USD did hit the take profit zone later in the session. 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 EUR/USD. Armando based his decision on using the level 1 buy zone where the low of the morning was. Chief Trader Armando Martinez puts a very tight stop-loss of 5 PIPS. Just seconds into the trade Armando collected +7 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 sell position on GBP/USD. Armando based his decision on using the 1 Hour black PMD for a strong area of resistance and a refuel trade setup developing in the area. Chief Trader Armando Martinez puts a very tight stop-loss of 6 PIPS. Just 9 Minutes into the trade Armando collected +7 PIPS on one position and 30 Minutes later collected +19 PIPS on the remaining 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 takes an active trade on the EUR/USD. Armando based his decision on an Appetizer Trade setup. Chief Trader Armando quickly sets a small stop-loss just under the 5 Minute PMD's. Just two minutes into the trade Armando collected +7 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 trade on the GBP/USD. Josh based his decision on the 5 Minute PIP-ONACCI Wall and the under and over trade setup. Senior Trader Josh Wilson quickly sets a small stop-loss just under the 5 Minute PIP-ONACCI Wall. Just two minutes into the trade Josh collected +9 PIPS! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Junior Trader Lukasz Rajski takes a passive trade on the EUR/USD. Lukasz based his decision on the PIP-ONACCI Wall trade setup. Junior Trader Lukasz Rajski quickly sets a small stop-loss. Five minutes into the trade Lukasz collected +7 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 the traders in the live online training room that it's very important to let go of a trade that isn't working. Armando says that there will be times where the conditions of your trade will change and you have to realize the reason of getting in. If the reason isn't the same anymore it's best to let go, take a small loss, and wait for another trade that makes sense. Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Junior Trader Lukasz Rajski takes an active buy position on the EUR/USD. Lukasz based his decision on the Re-Fuel trade setup and using the 5 Minute PIP-ONACCI Wall. Junior Trader Lukasz quickly sets his small stop-loss. Eleven minutes into the trade Lukasz collected +10 PIPS! Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.

Today, Junior Trader Lukasz Rajski takes an active buy position on the GBP/USD. Lukasz based his decision on the 5 Minute PIP-ONACCI Wall trade setup and using the 51 Minute black PMD as a strong level of support. Junior Trader Lukasz quickly sets his small stop-loss. Twelve minutes into the trade Lukasz collected +10 PIPS on most of the position and 1 hour later collects +26 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.

Today, Junior Trader Lukasz Rajski takes an active sell position on the EUR/JPY. Lukasz based his decision on the 5 Minute PIP-ONACCI Wall trade setup that was showing on the chart and using the 1 Minute PMD's that were indicating momentum in favor of the trade. Junior Trader Lukasz quickly sets his small stop-loss. Two minutes into the trade Lukasz collected +8 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 the new traders in the online training room to trade all currency pairs on a demo account when starting out. Armando explains that it is good to trade all pairs when starting out to get a good understanding of which pair works best for you as a trader. Chief Trader Armando also says that this is where you can determine the best pair for you, identify what type of trader you are, and gain a good understanding of the pair that works for you. 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 EUR/USD. Armando based his decision on using 5 Minute PIP-ONACCI Wall trade setup in the second buy zone since Draghi was speaking during this time. Chief Trader Armando Martinez puts a very tight stop-loss of 3 PIPS and was very aggressive since Draghi was speaking during the trade. Just 30 seconds into the trade Armando was stopped out for breakeven with no loss. After the trade Chief Trader Armando tells traders how important it is to be more patient with trade entries, accept small losses to wait for better levels, to be more aggressive with stop-losses, and to trade with cation when there is a speaker on. Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the FXST Trading System.