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Friday, February 1, 2008

2 Pips win after 23 hours

WON: 2 pips


Used the 1-pip Range Strategy. The daily chart indicates a downward swing. So, in the M1 chart, I shorted the CHF_JPY. The price went up instead and stayed up for 23 hours and finally come down and hit my TP. The strategy works. Price movement will enventually follow the daily range behaviour.

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