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Forex Asia Academy 2009

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Tuesday, May 20, 2008

2 ways to get out - 80 pips + 6 pips

I had been preparing my Forex Strategy Creation course material, and had been in office since 2.30pm.


I keyed in 2 pending order with the same entry point. The only difference is how the trades were planned to exit and close.

GBP/USD - Long @ 1.9596, Closed @ predetermined 80-pips Profit Take 1.9676 (80 pips)
GBP/USD - Long @ 1.9596, Closed @ 30-pips Trailing Stop 1.9602 (6 pips)

Total: 86 Pips

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