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timber
Jul 7, 2014 1:39 AM

Emerging Bat on the M15 Short

U.S. Dollar/Canadian DollarFXCM

Description

Nice resistance around the .886 with light structure around the .382 for profit target 1 and slightly more attractive structure at the .618 for target 2. Stops are placed about 17 pips above entry for roughly a 1.5:1 ratio. I placed the entry a couple pips ahead of actual entry target just to be sure we're filled.
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