My Ironclad Rule

"It's not how many pips you make, It's how much risk you take"

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Monday, April 5, 2010

GBPUSD : Breakout Trade


I might consider to sell this pair if it breaks my fan at 0.382 level. I'm anticipating a formation of pennant and will take the breakout. In overall, this pair looks neutral for the moment. I prefer to wait for confirmation first. "Patience.. Discipline.." -the undead- (wow)

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