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Re: GBP/JPY....EUR/JPY....month to month/pending orders/signals
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Originally Posted by G550
Vilas-
If you look at his last post, it says "Adjusted Stop Losses". I'm sure he placed his original trade @ 166.69, priced moved up into profit, and he "adjusted" his stop to 168 to make sure he doesn't turn a winning trade into a losing one.
But you are right...when you place an order for a long entry, the stop price is below the current price.
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Thanx G550 for the clarity.....the market is still a bit ODD for me to read or take any position in any direction on crosses as the market awaits Bernankes statement on Inflation.....here are a list of crosses i'll be trading :
EUR/JPY
GBP/JPY
GBP/CHF
AUD/JPY
CHF/JPY
rgds
Phillip
__________________
I TRY MY BEST ALL THE TIME...
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