19 March 2009

Watchlist - 19-Mar-2009

Today I think we need to look closely to Audusd, Eurjpy and usdjpy.

Those trades are "trend trades". So watch adx for indication of power of the trend.

Audusd:
- Can take a ride north if clear close over 0.6758 ( No Target for the moment )
- Current price is : 0.6762


eurjpy:
- Can take a ride north. ( No Target for the moment )
- Current price is : 128.505
- This trade is not valid if clear close under 127.638 ( Big S/L here)


usdjpy:
- Can take a ride south. ( Target: some pips before 90.87 )
- Current price is : 95.54
- This trade is not valid if clear close over 97.67 ( Big S/L here)

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