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alphatrader4
Apr 19, 2014 3:12 PM

Trade what you see not what you think 

Australian Dollar/Swiss FrancFXCM

Description

Wait for break down – short side – then pull back and enter on 4hr chart. Short side only wait for confirmation. Small risk decent reward. If the market should break UP do not enter long – not saying a long trade won’t work out BUT going long puts us going against
the dominant energy. It will be a better smoother trade if it breaks down. So short
it is – if it breaks up, pass on the trade ….. next

Happy Easter everyone!
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