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Saturday, September 18, 2010

GBPUSD fakey

Hey everyone, I just spotted a pretty nice looking fakey setup on the GBPUSD that I learned about from browsing the forum over at learn to trade. I know the setup is counter-trend but I am considering taking it anyways due to the definition of the setup. Price action tends to work very well when taken with the trend, we need to be a bit pickier when trading against trends however..

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