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July 2, 2010 GBPUSD London Trade

This was another tough one.

Click above to enlarge

Price was really choppy and went nowhere.  I was looking for a breakout, but never got it.

I thought that since there was such a large run up in price, there was bound to be some retracement.  But it never came.

The result was a -1.8% loss on the account.




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