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GBPJPY Short +250 pips

70
GBPJPY running nicely, coming into a big trendline where we could see another push to the upside or we could continue the pushdown. Regardless, in this situation, I will close 70% of my shorts, leave the rest as an anchor to take longs, or if we continue down, I will just hold and ride it! Key point is to have anchors all over the market, it gives you confidence in taking the next position. I never fully close a position!

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