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cmjohnson36
Sep 14, 2018 3:46 AM

USDJPY butterfly  Short

U.S. Dollar / Japanese YenFOREX.com

Description

Advanced butterfly trade rules

Target 1: 38.2% retracement of AD leg.

Target 2: 61.8% retracements of AD leg.

Stop loss: 141% XA extension

When Target 1 one is reached, half of the position should be closed and the stop loss of the remaining half should be placed to breakeven.
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