"This week on my Twitter account I posted a chart called, "Why waiting for that last pip can be very costly." It showed a long EUR/USD trade that didn't quite make it to my 4150 target. After a few minutes of failure to move higher, I bailed at 4148 just before it plunged 40 points on some fresh piece of news. Those of you who follow me closely know that I often exit my trades early, especially if I see price losing momentum...
http://www.stock-investing-software.com/commentary/articles.html?next=16183
Ian
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