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Dr.Pip
Nov 12, 2014 10:11 PM

EURAUD SHORT POSITION Short

Euro Fx/Australian DollarFXCM

Description

This setup is using Bollinger Bands but since they cannot be drawn in the chart this approach is simple, better to see and understand.
Stop price is open of previous candle.
Entry price is at start of new candle.
Limit price is set to be a 1:1 risk reward ratio.
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