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The Yen crosses could move higher

Posted 09-17-2009 at 01:25 AM by Auslanco
Updated 09-22-2009 at 12:38 AM by Auslanco
Yesterday's Dow Jones bullish rally above the 9634 resistance handle could prove to be short term strengthening of yen crosses in the coming day's..


Take Profit 152.90
Entry area 149.50
Stop Loss 148.55
Max Risk 2%


*STOP LOSS TRIGGERD ON THIS TRADE*
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Euro could further decline towards 1.3200 area.

Posted 01-11-2009 at 06:21 PM by Auslanco
Updated 01-14-2009 at 02:49 PM by Auslanco
Also, EURGBP correction from the last bull rally could further extend.

Trading Opportunity on EUR/USD short

Best Entry Area 1.3540
Stop Loss above 1.3875
Take profit Target 1.3200


Take Profit Target was reached
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GBP Waekness could continue

Posted 12-18-2008 at 08:59 PM by Auslanco
After a brief retracement during the Tokyo session, GBP weakness could continue during the New York session and on Monday.
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EURO could turn bullish

Posted 12-02-2008 at 08:36 PM by Auslanco
If 1.2550 intact , Eur/Usd could rise towards 1.3000 and above.

Trading oppurtunity

Target 1.3075 +
Best Entry area 1.2611
Stop loss below 1.2551
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Auslanco offers over four years of experience as a full time forex trader. His trading style is intraday and short term swing, based on technical analysis. Auslanco will be providing technical analysis on all the major and the main crosses as well as the Down Jones and Crude Oil.


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