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Practiceaccount
Oct 27, 2015 2:47 PM

Keeping an eye on this support on EURJPY ( IF THEN process ) Long

Euro Fx/Japanese YenFXCM

Description

IF the price reach the 132.37 level THEN I'll wait for more confirmation on lower timeframes and won't get greedy with it, just looking for a 1st target that eliminate the risk and a second one to resistance previous support. IF i get stopped out or the support is violated without giving we even entering the trade and we get a LL and LC THEN i'll look for a lower timeframe pullback to join the downtrend.

Comment

USD Federal Open Market Committee Rate Decision (OCT 28) Trade cancelled, trading plan don't let me trade during this events.
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