Have observed SGDJPY for quite some time now. Seems to me that this pair is ranging + we are at a resistance zone. It might be a good idea to take a short trade here.
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Shall place a short position and see how it goes
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In drawdown right now. -_- I have my SL at 83.200. Will hold until I get stopped out
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You may shift to breakeven :)
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We are now up 50+ pips! You may close 1/2 position here!
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I have a feeling that SJ might spike up next 3 market days. Refer to my link. Anyways, we are already in profit so it shouldnt affect us. I will be looking for sells if it ever reached back ~82.700 again.
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Just a small update, we are halfway there.
Personally I will still be holding my 50% of my positions.