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Old 08-22-2008, 09:42 AM
saraiva25 saraiva25 is offline
 

Join Date: Apr 2008
Posts: 4
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Hi Jocelyn thanks for your answer.

This picture is a trade i took last night, and the setup was good, i entry in a inside bar at 1.8774, the stop loss was the high of the swing and the take profit was at 1.8680 level. I know that i could hold my position for maybe to a take profit at 1.8539 but since i was going to sleep, i could not track my position, and i donīt like trailing stops so.....

I know i could had other money management... but iīm still working on that.

My question is, i couldnīt find any importante fundamental support for this decision. Could you help me with that?

I know also that at 9:30 am (GMT) the "Revised GDP" was out and that pushed the GBP/USD from about 1.8680 to 1.8550, but that was something thar i didnīt considered (but i should have).

Most of the time i think that i donīt have the necessary information to entry a trade.....should i rely less on the fundamental and more in the technical?

Thanks

Saraiva
Attached Images
File Type: jpg Exemple of a trade i took.jpg (20.6 KB, 33 views)
File Type: jpg Exemple of a trade i took - 2.jpg (14.8 KB, 30 views)
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