Forex Trend Alerts: 03/04/09

EUR/USD:

Short at 12800 (02/24) L/Closing: 12529 Floating: +271 pips

Hold Short, move stop lower to 12790

GBP/USD:

Short at 14250 (02/26) L/Closing: 14022 Floating: + 228 pips

Hold Short, maintain closing stop at 14350

AUD/USD:

Short at 6420 (02/27) L/Closing: 6373 Floating: +47 pips

Hold Short, maintain closing stop at 6550

USD/JPY:

Long at 9150 (02/16) L/Closing: 9851 Floating: +701 pips

Hold Long, maintain closing stop at 9580

USD/CHF:

Long at 11600 (02/24) L/Closing: 11786 Floating: +186 pips

Hold Long, move stop higher to 11460 on close


Quote of the Day:

"Great works are performed not by strength but by perseverance." - Samuel Johnson