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Wednesday, 27 January 2010

Short Entry

Good Evening Dynamic Traders,

In my last update I was talking about sizing up the EUR for a short entry. In my update I briefly spoke about what approach I was going to take in regards to entering a trade. I decided to adopt a conservative approach rather an aggressive approach to trade entry.
I chose the conservative approach because of where price is in relation to the VI.













Can you spot where my entry will be?

Can you see why I have decided to take a short entry?

I will answer these questions tomorrows update.

Happy Trading

Richard Monnery

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