NEWS / Foreign Exchange

The market is swinging around quite a bit

Currency Trading 24 April 2007

TACTICAL Points are for April

EUR/USD 1.3575 +202 pts
Long 2 units 1.3349, Took Profit 1.3581
Buy 2 units on stop 1.3599, stop loss 1.3551
Buy 2 units on stop 1.3629, stop loss 1.3571 Sell 2 units on stop 1.3521, stop loss 1.3569

GBP/USD 2.0005 +646 pt
Long 2 units 2.0059, stopped 2.0001
Buy 2 units on stop 2.0049, stop loss 1.9981
Buy 2 units on stop 2.0069, stop loss 2.0011
Sell 2 units on stop 1.9921, stop loss 1.9979

USD/YEN 118.40 +7 pts
Buy 2 units on stop 119.29, stop loss 118.71
Short 2 units 119.21, Profit stop loss 119.09
Sell 2 units on stop 118.01, stop loss 118.59

EUR/YEN 160.70 +129 pts
Long 2 units 161.79, stopped 161.11
Buy 2 units on stop 161.59, stop loss 160.61

EUR/GBP .6785 -35 pts
Buy 2 units on stop .6819, stop loss .6781
Sell 2 units on stop .6731, stop loss .6789

GBP/YEN 236.90 +227 pts
Buy 2 units on stop 238.39, stop loss 237.21

AUD/USD .8330 +320 pts
Long 2 units .8369, stopped .8321
Buy 2 units on stop .8369, stop loss .8321
Buy 2 units on stop .8389, stop loss .8331
Sell 2 units on stop .8271, stop loss .8319

NZD/USD .7440 +675 pts
Long 2 units .7459, stop loss .7411
Buy 2 units on stop .7489, stop loss .7441
Sell 2 units on stop .7351, stop loss .7389

AUD/YEN 98.50 +314 pts Square

STRATEGIC

EUR 1.3575
Bullish at 1.3369, Profit S/L 1.3521
Sell at 1.3431, S/L 1.3489

GBP 2.0005
Bullish at 1.9739, Profit S/L 1.9941
Sell at 1.9841, S/L 1.9899

YEN 118.40
Buy at 120.29, S/L 119.51
Bearish at 118.71, S/L 119.29

EUR/YEN 160.70
Buy at 161.99, S/L 161.31 A

UD .8330
Buy at .8389, S/L .8291
Sell at .8261, S/L .8299

NZD .7440
Bullish at .7479, S/L .7401
Sell at .7341, S/L .7399

CHF 1.2090
Buy at 1.2179, S/L 1.2121
Bearish at 1.2181 Took Profit at 1.2119
Sell at 1.2031, S/L 1.2099

CAD 1.1225
Buy at 1.1499, S/L 1.1421
Bearish at 1.1531, Profit S/L 1.1299