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thediaryofatrader.com
100 Pips Strategy Explained
Oddly enough, people seem to be attracted to large, round, psychologically significant numbers. This can break down into several different increments, but for this example we will use 100 pips. Longer-term traders can also look at 500 pips, 250 pips, etc.Looking at the attached USD/CAD hourly chart, you can see that the market does tend to ...
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