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Thursday 30 January 2014

First Trade of the day EUR/GBP

This trade is done by my own analysis of head and shoulders and candlesticks. From the below chart: Shows that price will be moving in a bull trend manner follow by a elliot wave swing to the bottom. So my trade of the day EUR/GBP long 0.824 limit at 0.84, Stops at 0.8190, giving me a 160 pip gain stop at 60 pip loss. If you are a capital rich investor 10ctrs : Gain $1600, loss $600. 

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