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When our software finds super strong currencies going up you sit up for a tiny 10 to 20 pip counter trend move down, draw a trend line the actual years highs belonging to the down move and as soon as price goes back above the trendline you purchase! You place your stop 5 to 12 pips away entry right under that last swing low. Our exit methods are since simple and we teach them in our free forex classes that many our first time traders get to have week after opening a brokerage balance. It’s hard to explain those without pictures from our charts but we use support/resistance for exits, fibonacci profit targets, chandelier trailing stops furthermore trendlines. A good deal of these trends explode with your favor and also will usually see 30-100 pip moves.

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