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Just A Reminder...

Dear All,

I personally urges you to scrutinize any "super "trading system by providing fast rich method or all-in-one signal to realize your dream, before paying fee to them. As we all undertand, the way to fortune is a painstaking process, much due to your hard efforts and practice, do you think people now can produce any super machine better than human brain? Please do not fall victime of "impulsive buying", cool down yourself for some days first before giving your most precious asset: "Money".

Sunday, June 22, 2008

Stop & Exit early on EURUSD

With some what flattened market movement on the EURUSD pair prior to the opening of the European session, the cut and exit all my long position early...knowing something is not right. It all started when the European equities open lower than previous day. The market move well over 100 pips from today's high - totally the opposite of my long trades.

Now I am watching the progress of the USDJPY on my 4-hour chart for any bullish opportunity. If the market breaks the 108.42 level that will be my time to concentrate on USDJPY pair for another long trade.

Happy trading guys ;)

1 comment:

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