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TomBurgoine
Sep 16, 2016 10:51 AM

GBPUSD Long Long

British Pound/U.S. DollarFXCM

Description

Wave 2 coming to an end
Comments
caothecongtoan71403
GOOD JOB . iF I FOLLOW YOU , I WILL CLOSE MY ACCOUNT
cobraofthesouth
hi, this is why we need to use a SL.. wave 2 cannot go below the start of wave1
TomBurgoine
To be honest the trade was looking good when it was set up. We all know to wait for confirmation before we enter the trade as a fundamental rule and when what I thought was the wave 2 went below wave one it invalidated the trade. No money lost thought as you would not have entered the trade until the confirmation of going above the wave 1 high was reached.
TomBurgoine
this would have then validated wave 2
TomBurgoine
entry at 1.32793 to validate the trade
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