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1.30 pm USD Worse than expected retail sales
Trade entry:
Time: 12.00 pm
Direction: long
Technical Triggers: on both short- and long-term signal algorithms
Price: 1.9643
Target: 60 pips above
Stop: 40 pips below
Exit: 1.9643 (+63 pis)
Trade entry:
Time: 12.00 pm
Direction: Short
Technical Triggers: on both short- and long-term signal algorithms
Price: 1.0139
Target: 60 pips below
Stop: 40 pips above
Exit: still open
Finally, a long-waited price action. The USD dollar fell sharply on very weak retail sales report, which was basically in line with the market bearish sentiment. The long GBP/USD position did very well, hitting above the set price target. This push the monthly gain to +132 pips so far.
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