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chris333
Jul 13, 2017 2:18 PM

Go long USDJPY on close above Pivot high Long

U.S. Dollar/Japanese YenFXCM

Description

If market price closes above the Pivot high level, go long.
Action to Take: go long by entering stop entry order; or timing an entry based on short term charts with a limit order or market order.
Take Profit Level: 114456 Stop Loss Level: 113094
Additional Factors:
Total Risk of Account Equity: 2% or less

Trade closed: stop reached

Trade closed: stop reached

You can see the value of stop losses, especially going into economic number releases.
Comments
bantusfiso
YES
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