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08/12/2009 GBPJPY Trade 2Short 1 lot (200 units) GBPJPY @ 5773 Confidence Level: 5/10 Reason to take trade: Bounce of previous high  Click above for larger image The reason for getting into this trade was pretty weak. There should be at least 3 levels that would give me a reason to believe that price would bounce at that level. Stopped out for a loss of -102 pips. If you enjoyed this article, you might also like:  Category: My Trading  Tags: Level bounce, Losing Trades This post was written by Hugh Kimura. His goal is to become a professional trader. Leave a Reply |
 
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