if an inverse correlation between Gold and USD/JPY exists, how does it work?
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17 ticks x 1 contract = 170$ Profit vs 100$ Loss This could be a set up. SL seems tight but could be reduced further since momentum is the key. In theory I want to enter when momentum kicks in. If momentum is lost the rebound will trigger the SL anyway and this is why SL can be reduced at 5 ticks instead of 10. The move must occur quickly.
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