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Darenth
Jan 19, 2016 7:38 PM

NOTE:GBPCHF H4 WAVE COUNTER & POSITION ADJUSTMENT Short

British Pound/Swiss FrancFXCM

Description

A month ago,we short selling this pair.
Now the structure shows: GBP/CHF will rebound in the next two days.
Although the short-term bullish, but we don't have any plans to buying GBPCHF (now buy pound is a bad idea), we decided to close part of the short positions, and in the appropriate price to continue to sell GBPCHF.

Comment

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WE GOT IN!

A day ago, we closed most of the short positions, and set the buy order, we are right, and now the operation is good.

"Protect position"

Stop-Loss:Enter Point

Trade closed manually


Touch the trend line,closed a half postion..I holding a half of short-term long postion,and I'm waitting for add long-term short postions..

Trade closed manually

Closed all position.
+340 PIPS

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ADD LONG-TREM SHORT POSITION

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New STOP:ENTER POINT

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Trade closed manually

Closed all postions

P1: +1360 PIPS
P2: +1045 PIPS
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