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Realisto_FX
Feb 8, 2016 9:35 PM

Stoxx 50 : Possible end of a correction cycle Long

Description

Hello traders,

We might assist to the end of a correction cycle , started May-June last year.

Gann cycle also coincides with a 50% Fibo retracement from last bullish impulse . This month low should be an inflection point. I´m entering long at current level

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6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles

Trade active

Trailed stop to 2600 , profits protected
Comments
Realisto_FX
Forecast was proved right , fundamental indicators are positive, despite all noise, unemployment in Eurozone is lower , and if people have a job economy is working.

tradingeconomics.com/euro-area/unemployment-rate

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