This is a sample entry from Tom Dosdall’s email newsletter, Dosdall Daily Edge, published on Thursday, June 16, 2016.
We are expecting the US Dollar to remain in its six month gradual bear trend with this trade idea.
Trade idea: Sell September USD Index @ 95.430 or better. If filled, consider a risk level of 96.000 GTC.
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STOP ORDERS DO NOT NECESSARILY LIMIT YOUR LOSS TO THE STOP PRICE BECAUSE STOP ORDERS, IF THE PRICE IS HIT, BECOME MARKET ORDERS AND, DEPENDING ON MARKET CONDITIONS, THE ACTUAL FILL PRICE CAN BE DIFFERENT FROM THE STOP PRICE. IF A MARKET REACHED ITS DAILY PRICE FLUCTUATION LIMIT, A "LIMIT MOVE", IT MAY BE IMPOSSIBLE TO EXECUTE A STOP LOSS ORDER.
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