GBPUSD Trade Setup - 01 Feb 2011
After watching cable broke Asian high at 0900hrs GMT, i waited patiently for a pull back before going in for a long. With previous support level at around 1.6090, i placed an pending order at 1.6120 after the bullsih engulfing candle formed at 1230hrs GMT. My trade was triggered at 1310hrs GMT.
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