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USD/JPY Feb 10 2011... it's a HIT!

by Eva
(from Forex Trading Beginner)

Entry point is the middle line, stop is the lower line and limit is the upper line.

Entry point is the middle line, stop is the lower line and limit is the upper line.

Entry point is the middle line, stop is the lower line and limit is the upper line. After I exited the trade

I made 44 pips from this trade!

I traded off the hourly chart, entering the USD/JPY market on quite a small mallet formation that had formed on the chart.

I set my entry at 82.732, my stop at 82.510 and my limit at 83.101.

Then I went to bed :>

Woke up this morning to find I'd made a nice 44 pips while I slept. Can it get any sweeter?!

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