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Thursday, 13 June 2013

Demand Return GBPUSD Long trade - Part 2

The first trade was stopped out, but there was another opportunity about an hour ago with the break off an inside bar at a lower price than the first trade. It also had just touched the 200 EMA (white line) which probably helped. For a risk of about 9 pips it made +28. It may well not hit the high of today, I exited when it entered the congestion zone at 1.5880:




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