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European Session
No. of signal recommendations: 1
End-of-session results: USD/CAD (-40 pips)
Maximum potential: over 25 pips
Own P/L: +10 pips !
US & Late Session
No trade
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In a complete reversal of fortune from yesterday, the US dollar was pushed lower before the ADP non-farm employment report. I was not willing to let a winner turning into loser after holding the position for more than one hour.
Choppy price action is expected this week before the all-important Non-Farm Payrolls Report on Friday.
Member feedback for today's action:
"I also used cowardly tactics today, and took 20 pips (your signal input of course). So, my thin experience with your approach up to date is "don't be too greedy". Better be safe 20-30 pips on one pair, than maybe 60."
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