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Wednesday, November 25, 2009

#1&2



1- yellow to short, should have held this a few seconds more but it moved against me and i exited instead thinking the trend is UP so buys are in, it recently test 1.5095 10 pips away, i would rather try and catch the reversal up there so i lost 4 only to watch it tank 10 pips from my entry, but
2- i entered a buy once the price got into the zone(price gets between the 10 & 21ema) on the 5min chart. I have marked the chart with Xs to show when the EU gets into a trend it likes to pull back to the zone, The super HP trade is when you get the yellow reversal or green to buy in this case. Which happened on the earlier X's.

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