Sunday, December 6, 2009

Potential Setups

Eur/Aud Long 1.6294 short @ 1.6166 Target 125 to 135 pips either way

Long @ 162.99 stop @ 162.44 first target @ 1.6325 second target 1.6410

STOPPED OUT!!!!!!!!!!!!! - 54 PIPS

Aud/Nzd Short @ 1.2709 Long @ 1.28 Target 80 to 95 pips either way

Long @ 1.28 stop@ 127.60 First target @ 1.2842

Will add to position if breaks above 1.2812

In my opinion there aren't a LOT of setups for tomorrow at this time... Is the USD rally a fake or real? Will the S&P break higher? Will gold hold @ support?Some of these questions should be answered this week... There isn't a lot of CLARITY... Hope it helps...

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