Sunday, April 6, 2008

Trading setup 1, Daily GBPUSD Break Out

with the new day light time ,do the following adjustment
GBPUSD
London time 6:45 , 13:45 Singapore time
look at high , low of previous 120 minure.
only trade when H-L < 55
stop buy at high+ 6
stop sell at low -6
36 pip stop loss
52 pip take profit. or 45-50

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