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Sunday, January 27, 2013

$AUDUSD TRADING STRATEGY : 28 JAN 2013

$AUDUSD

RISK APPETITE TRADER'S CAN TAKE LONG POSITIONS @ 1.0426 FOR TGT 1.0498/1.0510 ; SL - @ 1.0360 & ONCE AGAIN TAKE A SELL @ 1.0512 FOR TGT 1.0368/1.0338 ; HOWEVER A VIOLATION OF SUPP 1.0360 IN THE EARLY WEEK REVERSE YOUR TRADE IMMEDIATELY FOR TGT 1.0338/1.0296

LESS  RISK APPETITE TRADER'S ARE ADVISED TO TAKE SELL ONLY IF GET 1.0498 - 1.0511 FOR TGT 1.0368 - 1.0338

STOP @ OR ABVE 1.5078

LTP - 1.0427
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