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EURO breakout


We are placing the following orders in the EURO-future (Dec05-contract, GLOBEX):

Buy one contract at 1.2064 Stop/ Sell one contract at 1.1988 Stop.

In case we are filled we place a 45-ticks initial stop, which we then carry as trailing stop. If the trade becomes a profit, we carry it overnight. If it's a small loss, we close it MOC because the market showed us then that it was no real breakout.

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