Quick fire 4 min trade. Saw it hit 0.7615. Ambitious me would've shorted for 10 pips to the equilibrium, but safe me shorted for 5 pips. However, 4 mins later decided to be extra conservative and manually closed out for the small profit. Turns out I would've indeed hit my 5 pip limit had I waited another 5 mins. And a further 10mins later, it hit the equilibrium of 0.7605. Aargh. Trade safe!
Yours,
X
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