Wednesday, March 18, 2009

Forex Trend Alerts: 03/19/09

EUR/USD:

Long at 12897 (03/13) L/Closing: 13487 Floating: +590 pips

Hold Long, move stop to 13160 on close

GBP/USD:

Stopped out at 14282 (03/18) Realized Loss: -32 pips

Enter Long position at 14200 or lower with closing stop at 14000

AUD/USD:

Long at 6570 (03/16) L/Closing: 6782 Floating: +212 pips

Hold Long, maintain closing stop at 6420

USD/JPY:

Long at 9150 (02/16) L/Closing: 9641 Floating: +491 pips

Hold Long, maintain closing stop at 9580

USD/CHF:

Stopped out at 11412 (03/18) Realized Loss: -188 pips

Enter Short position any price above 11420 with closing stop at 11750


Quote of the Day:

"Vision without action is a daydream. Action without vision is a nightmare." - Japanese Proverb

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