Trades 23 July ’10

08:00  False move trade on push thru 5300 and then reversed in a failed breakout. the earlier move at 6:50 had better atr movement, and could of been the move, as the false move have been happening earlier than usual. Will reverse if wrong with small position.

Short 1.5292, stop 1.5315, target 1.5170, T/S 37 p. Half position.

08:35 stop hit 1.5315  - 23 p.

Break out trade

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