the market has delivered a nice little AUD and NZD dip to buy
07:08 2007/04/04

Got the RBA wrong !

But the market has delivered a nice little AUD and NZD dip to buy.

If the USD/YEN stays high now, then the G7 will mention it rather seriously, the Yen could even be singled out in the draft, but removed in the final communiqu?© and this will be leaked.

USD/YEN last stretch before the fall I suspect, but if wrong we are long.

Currency Trading

TACTICAL Points are for April

EUR/USD 1.3330 -29 pts
Long 2 units 1.3369, stopped 1.3331
Buy 2 units on stop 1.3349, stop loss 1.3301
Buy 2 units on stop 1.3399, stop loss 1.3251
Buy 2 units on stop 1.3429, stop loss 1.3381
Sell 2 units on stop 1.3261, stop loss 1.3299


GBP/USD 1.9735 +67 pt
Long 2 units 1.9689, Profit stop loss 1.9721
Long 2 units 1.9729, Took Profit 1.9741
Buy 2 units on stop 1.9769, stop loss 1.9721
Sell 2 units on stop 1.9671, stop loss 1.9729


USD/YEN 118.80 +11 pts
Long 2 units 118.69, stop loss 118.41
Sell 2 units on stop 118.31, stop loss 118.79
Sell 2 units on stop 117.31, stop loss 117.89


EUR/YEN 158.25 +56 pts
Long 2 units 157.69, stop loss 157.61


EUR/GBP .6755 -13 pts
Buy 2 units on stop .6779, stop loss .6741
Short 2 units .6761, stop loss .6779


GBP/YEN 234.20 +260 pts
Long 2 units 230.99, Profit stop loss 233.41
Sell 2 units on stop 230.01, stop loss 230.89


AUD/USD .8085 +108 pts
Long 2 units .8079, Took Profit .8121
Long 2 units .8099, Took Profit .8131
Long 2 units .8089, Took Profit .8141
Buy 2 units on stop .8109, stop loss .8061
Buy 2 units on stop .8129, stop loss .8081
Buy 2units on stop .8159, stop loss .8111
Buy 2 units on stop .8199, stop loss .8151
Sell 2 units on stop .8031, stop loss .8069


NZD/USD .7185 +82 pts
Long 2 units .7149, Took Profit .7181
Long 2 units .7169, Took Profit .7191
Buy 2 units on stop .7209, stop loss .7161
Buy 2 units on stop .7229, stop loss .7171
Sell 2 units on stop .7071, stop loss .7109


AUD/YEN 96.00 +70 pts
Long 2 units 94.79, Profit stop loss 95.61

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 1.3330
Bullish at 1.3369, S/L 1.3271
Sell at 1.3201, S/L 1.3289

GBP 1.9735
Bullish 1.9739, S/L 1.9661
Sell at 1.9441, S/L 1.9499

YEN 118.80
Bullish at 118.69, S/L 118.11
Sell at 117.01, S/L 117.79

EUR/YEN 158.25
Bullish at 156.99, Profit S/L 157.01
Sell at 156.21, S/L 156.89

AUD .8085
Bullish at .7899
Took Profit at .8101
Sell at .8021, S/L .8069

NZD .7225
Bullish at .7179, S/L .7141
Sell at .7061, S/L .7099

CHF 1.2220
Buy at 1.2269, S/L 1.2601
Bearish at 1.2111, Stopped at 1.2199
Sell at 1.2151, S/L 1.2209

CAD 1.1590
Buy at 1.1679, S/L 1.1601
Bearish at 1.1701
Took Profit at 1.1599
Sell at 1.1531, S/L 1.1589


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