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Trailing stop got hit at 9636
Location: BlogsMy journey with GBPUSD    
Posted by: ForexPlane.com Editor 1/30/2007 12:17 PM
I had the trailing stop set at 50 pips, giving it some room to move, but this entry was not ideal to see it consolidate and move higher. It's in the middle of the channel so anything can happen: up or down. I usually put 30-35 pip trailing stop for GBPUSD. Should be decent enough to book gains and let the rest run its course.
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