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I had a plan but it changed because I realised massive amount of...

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specgoldbug

12,874 Posts.

370

07/05/18

20:44

Post #: 32939212
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Originally posted by RickM ↑

It's too early to get out, if you have no plan then you shouldn't Buy in the first place.

1.. I will keeping Buying every 30 pips till I get 3 trades in a basket down to 74.40.
2.. Then I will place a hedge at 74.10
3.. Then on the way back up, I again will Buy at Every 30 pips till a full basket of 5 trades is gained.
4.. The Goal is to make no money on the hedge, just cover the margin and perhaps a small loss.

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I had a plan but it changed because I realised massive amount of retail buying this pair with me....itll hover and consolidate here for a while till it has a fat money pot.....there is a another brutal smack in this before it goes up imho....
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