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Forex Asia Academy 2009

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Wednesday, March 19, 2008

FOMC's GBP/USD

The US market is booming (DJIA up more than 400 points today) with the FOMC announcement of 0.75% rate cut.


As usual, the GBP/USD pair will go haywire and I capture on the chance by entering twice.

GBP/USD - Short @ 2.0171, Closed @ 2.0106 (65 pips x 2 mini lots)
GBP/USD - Short @ 2.0177, Closed @ 2.0117 (60 pips x 0.02 mini lots)


p/s: My CFC and BSC are now 5.08 (up ~12%) and 6.05 (up ~165%) respectively! Paper gain!

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