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NielsG
Dec 23, 2015 7:59 AM
EURGBP Long based on simple 61.8% Fibo retracement in an uptrend
Long
FX:EURGBP
15
Euro Fx/British Pound
FXCM
Description
⋅
Dec 23, 2015 7:59 AM
See Idea Title
EURGBP
Fibonacci
retracement
61.8
Comments
javivi
⋅
Dec 23, 2015 8:31 AM
I don't think thats going to happen
NielsG
⋅
Dec 23, 2015 8:34 AM
I guess you're right.
The advantage of entering this way (at least for me) is that you can enter with a very tight stop loss. For this trade, SL got hit and I lost a small amount. On to the next opportunity
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