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I’ve entered into a short position on the E/J, with a close below 124.50 and these first 10m or so giving me a slightly better price. I’m going for 123.75 w/ a SL at 125.00.
Not a lot of room for stacking, but I wouldn’t be that agressive in these recovering conditions anyway.
What are you trading/watching?
Do you expect this pair to bounce and go long after this pullback?
Triffany Hammond helps traders of all levels, gain the tools, resources and guidance necessary to build on their strengths and work around their weaknesses so that they can make the best possible decisions for themselves in the Forex Market. Triffany is a regular speaker and contributor at FXStreet.com and heads "The Human Element" a blog dedicated to trading psychology at ForexMotion.com Want to know more? She was recently profiled in "FXStreet.com's Women in Forex" Series.
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