Forex Trend Alerts: 04/20/09

EUR/USD:

Short at 13150 (04/17) L/Closing: 13025 Floating: +125 pips

Hold Short with closing stop at 13280

GBP/USD:

Long at 14750 (04/06) L/Closing: 14782 Floating: +32 pips

Hold Long and reverse to Short at 14750 stop

AUD/USD:

Long at 6570 (03/31) L/Closing: 7207 Floating: +637 pips

Hold Long with stop at 6980

USD/JPY:

Long at 9740 (03/31) L/Closing: 9923 Floating: +183 pips

Hold Long with stop at 9800

USD/CHF:

Long at 11500 (04/17) L/Closing: 11671 Floating: +171 pips

Hong Long with stop at 11300


Golden Words for Traders:

"Most unsuccessful traders fail to realise the importance of following rules that will lead to their success. If you are a rule breaker, then there is no point in trying to learn any new system that requires rules to be followed. If it is in your character to break rules, then learning a new successful skill that can change your financial future is useless. You will simply break the rules and self-destruct."