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Thursday, July 29, 2010

NY #1


price really pushed up hard and I was expecting another attacking on the highs of the day. I entered a long, it went against me i added a position and then decided to hold this as I did not think it would completely reverse off 1.3100. the white dot was my sl. if it broke that i would exit. It got damn close and then reversed giving me +13 pips. Obvioiusly i do not recommend this but it is about money management and your personal risk tolerance.

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