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Thursday, February 7, 2008

CNY - 25 pips in 5 minutes!

On the first day of CNY, I sold GBP/USD twice.

Firstly, I entered into the trade while watching 'Ah Long Pte Ltd' with my Aunt and Uncle. I did a runner strategy at the end of the show by changing the stop loss. The protective stop was executed within the next hour and I gained no pips!

Secondly, I entered trade again when I'm back from CNY dinner and celebration. Within 5 minutes, I managed to scalp 25 pips in 5 minutes!


GBP/USD - Short & Closed @ 1.9545 (No gain)
GBP/USD - Short @ 1.9457, Closed @ 1.9432 (+25 pips in 5 minutes)

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