AUDUSD 20.11.2012 trade result

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I bought the AUDUSD when price closed above the 1.0407. However the price close below the 1.0407 and I saw some long upper shadows forming. Took the trade out with a 16 pips loss. That’s the way I like it. When we lose, we lose small and when we win, we win big. My GBPUSD trade however is on track to hitting the target.