NEWS / Foreign Exchange

The USD/YEN crawling rally may end with a momentary break to the upside before falling sharply

Currency Trading

TACTICAL Points are for March

EUR/USD 1.3335 +57 pts
Long 2 units 1.3319, stop loss 1.3271
Buy 2 units on stop 1.3359, stop loss 1.3301
Buy 2 units on stop 1.3389, stop loss 1.3321
Sell 2 units on stop 1.3241, stop loss 1.3289

GBP/USD 1.9675 +508 pt
Long 2 units 1.9629, stop loss 1.9571
Long 2 units 1.9649, stop loss 1.9611
Sell 2 units on stop 1.9531, stop loss 1.9599

USD/YEN 118.25 +550 pts
Buy 2 units on stop 118.69, stop loss 118.01
Sell 2 units on stop 117.41, stop loss 117.99

EUR/YEN 157.60 -384 pts
Buy 2 units on stop 157.99, stop loss 157.01
Sell 2 units on stop 155.71, stop loss 156.29

EUR/GBP .6775 +55 pts
Buy 2 units on stop .6799, stop loss .6761
Short 2 units .6801, Profit stop loss .6789

GBP/YEN 232.75 -47 pts
Long 2 units 232.29, stop loss 231.01

AUD/USD .8085 +643 pts
Long 2 units .7849, Profit stop loss .8031
Long 2 units .7889, Took Profit .8031
Long 2 units .7989, Took Profit .8041
Long 2 units .8089, stop loss .8051
Sell 2 units on stop .7981, stop loss .8019

NZD/USD .7165 +642 pts
Long 2 units .6889, Profit stop loss .7101
Long 2 units .6969, Profit stop loss .7111
Long 2 units .7119, Profit stop loss .7131
Sell 2 units on stop .7051, stop loss .7089

AUD/YEN 95.60 +364 pts
Long 2 units 91.69, Profit stop loss 95.01

1 unit = 50% of Initial Account Size
e.g. for a $100,000 account,
1 unit = $50,000 position
2 units = $100,000 position

STRATEGIC

EUR 1.3265
Buy at 1.3369, S/L 1.3251
Sell at 1.3201, S/L 1.3289

GBP 1.9675
Bullish at 1.9399, S/L 1.9541
Sell at 1.9401, S/L 1.9489

YEN 118.25
Buy at 118.69, S/L 118.01
Sell at 116.71, S/L 117.09

EUR/YEN 157.60
Bullish at 154.19, Profit S/L 156.01
Sell at 154.61, S/L 155.09

AUD .8085
Bullish at .7899, Profit S/L .8011
Sell at .7921, S/L .7989

NZD .7165
Bullish at .6899, Profit S/L .7071
Sell at .6971, S/L .7029

CHF 1.2145
Buy at 1.2239, S/L 1.2191
Bearish at 1.2241, Profit S/L 1.2189

CAD 1.1585
Buy at 1.1789, S/L 1.1731
Bearish at 1.1701, Profit S/L 1.1629