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I took another trade a few minutes ago. I had a line set at 224.80, and after being tickled a few times (I had enough discipline not to get in), once it got crossed for real, I got in short. I was filled at 224.716, and got out at 224.416.
Trade #3: +30 pips
Total for the week: +90.5 pips
Target for the week: 100.0 pips
Again, after a little more pushing down once I got out, it retraced above my entry point. I do believe that the time of the trade was not a good one. The New York session was almost over, and the only one opened is Sydney, which we all know has very light volume and is prone to price manipulation by some of the bigger players. I any case, those 2 "lucky" trades of mine might actually help exemplify the strength behind Nick's S&R method. Once a good line is crossed, there's some sort of "market rush" that helps push the price for a little while before the whole thing corrects itself...
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