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Thursday, August 6, 2009

AUD/NZD

Made a quick trade here and wanted to keep you posted.

I just went short (Sold) a unit of AUD/NZD at a price of 125.200. I placed the stop loss at 125.90 with a take profit target of 124.00. Second unit will be sold if the price reaches 125.600 with the same target and stops.

Risk: 73 pips
Reward: 117 pips

From the Desk of
Aaron Reid

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