Monday, August 3, 2009

Trade Opportunities




I'm currently monitoring the above two pairs.
EUR/USD
The candlesticks are showing signs of an impending breakout. Whether is goes up or down will need to be further confirmed by the other indicators later on.
USD/JPY
This trade looks promising to go long but I'll wait for the Accelerator Ocsillator to turn green before I enter. Furthermore I still have a EUR/JPY trade open and I don't want to increase my risk.
Will come back with more updates later.

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