My Ironclad Rule

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

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Wednesday, May 12, 2010

EURUSD : Bearish Gartley [emerging]


B is at 1.309, about 55 pips overshoot from 0.618 XA. My strategy is placing a buy limit at 1.257 with 50 pips SL. Target projection of D is at 1.317 at 0.786 XA. 

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