Wednesday 19 December 2007

Trade the News Entry on CAD Wholesale Sales

1.30 pm CAD Better than expected wholesale sales

Trade entry:
Time: 12.04 pm
Direction: long
Price: 1.0069
Target: 60 pips above
Stop: 30 pips below
Exit: 1.0050 (-19 pips)

The news came out not in my favour. I didn't wish this to repeat again.

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