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Friday 22 May 2009

My GBPUSD long order was filled in during early European session. I was very good in predicting a bit bigger move down so my 100 pips SL was not triggered.

Now when price will break 1.59 I will start to manage this trade by moving SL somewhere higher.
There is possible scenario from two days ago, that price will go strongly up and then shadow most of that move, so I will possibly be out around 6pm GMT.

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