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Friday, June 10, 2011

More surge or continuation trades...

I've been showing the 1 minute charts, taking trades based on the price making surges then pulling back a few pips and then enter into the original direction.  the great thing about trading this way is you are trading with the market moves. The downside is you have to wait for it to happen.  you will get days like today 2-3x per week.  Again manage your trades risk to win ration 2:1 simple stuff, do not make it complicated and do not trade around the news...  

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