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12/19/08 GBPJPY

Written by Hugh, on December 19th, 2008

Squeeze box trade.

Short 1 (100) GBPJPY @ 3390
Stop @ 3670 (-273)
Target @ 3290 (+1000)

Click above for larger image

Closed trade near previous support @ 3290, +100 pips. It was a pretty good exit, price kept bouncing off that level.

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12/19/08 GBPJPY

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