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04 November 2007

AUDUSD trade Oct 29 - Nov 2

AUDUSD trade Oct 29 - Nov 2


Nice sample applying Chaos trading method. On the chart are seen
2nd and 3rd Elliot Waves.

There were 3 long orders made: 1st was on fractal break, the others were balance line breaks. Though all the time price didn't break read line, because of the long up bars line, stop loss was tighten.

2nd and 3rs orders were closed after forming a DBar.

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