Wednesday, August 29, 2007

Trades Status


I had closed the last two positions (bought at 1.3500 and 1.3600) at 1.3660 to secure the profits because it looked like the bull was out of steam (see the prices between the 2 yellow lines, it's a rounding top formation).

After that, I placed a pending buy order at 1.3600 and so far the trade is working fine. This is what we call buying the dips.

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