Learning In Markets

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June 19, 2011

$EURJPY target hit > bear flag pattern still in play

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Bear flag finally broken. First target at 11350 was hit where I closed my full position with a view to short again at higher levels. The pair bounced off the support and depending on the price I action I'll decide whether to short again in coming days. This trade yielded me 250+ pips in total and 1% increase to my account balance.

Img_13085208607896

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