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SamKent
Nov 16, 2014 12:22 PM

EUR/USD Simple Range Trade Plan Short

Euro Fx/U.S. DollarFXCM

Description

A typical example for a simplistic range trade on the EUR/USD. The pair is trading at resistance, has formed a nice looking shooting star after 4 strong bull candles. Our signified entry, coupled with stop and profit make for a solid 2.5 risk:reward, risking 40 pips to win 100.
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