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CURRENT MARKET TREND: Down on 1/24/2020






Wednesday, June 18, 2014

AUD/NZD Update

No fill yet on this pair, but it is hovering around my limit order. It is currently 30 pips lower than when I broadcast the trade alert, so my patience has paid off to the tune of $250/contract. Setting up trade parameters ahead of trades and being patient allows me to gain better entries with lower risk and higher reward while avoiding large drawdowns. That's a good lesson to learn.

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