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4/15/2010
EUR/JPY Huge Trades.
Looking at this 15 min chart on the EUR/JPY not even counting the minor trades just looking at the bigger waves there was one monster long and one monster short for combined 290 Pips of profit!
We have a major ABC and then a minor ABC within the larger wave. Then from there you can see the market rolled over and dove all the way down with the bars staying red and then we had the blue bars come in at the low to tell us to exit our long.
Not only will the blue bars tell you where to exit but if you missed the short trade and just turned on your charts and see we are at a blue bars extreme you will know instantly to NOT short that level.
It is you knowing what NOT TO DO first because then knowing what TO DO comes much MUCH easier in realtime. Yes, these charts are after the fact but if you have our package you will see all of this in real time. Once the bars turn red or green they will stay that color forever so have confidence that what you see is what you get with our methods and tools.
Getting odds on your side is what we teach and once you learn it all you have to do is repeat it over and over again and get all the confusion off the chart and out of your mind!
Happy Trading,
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