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06/08/2009 GBPJPY Trade

Written by Hugh, on June 9th, 2009

Short 1 (500 units) GBPJPY @ 5784
Stop @ 5820 (-36 pips)
Target @ 5605 (+179 pips)

Looking for a bounce off of the channel bottom and previous resistance.  Target is the 79% Fibonacci Retracement level.

I got stopped out on this trade for a loss of -36 pips.




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Category: My Trading   Tags: ,

This post was written by . His goal is to become a professional trader.