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Now, it depends on how well you had predicted the actual marketplace direction. Healthy prediction was good and the market moved in the identical direction may had predicted, you will close 50 % the position when current market moves together with amount you would risked. In this particular case 30 pips! For your remaining half, place a trailing stop with a 20 day Simple Moving Average so that to make the most the move as up to possible. In case, the marketplace moved planet wrong direction, the stop loss will be hit and are generally out in the market using a loss of 30 pips!

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