Spot Forex Trades

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20pips GBPJPY Mission Accomplished
Wed, Sep 3 2008, 12:24 GMT
by Anthony Samaha
ForexSurvivor
1 minute with ForexSurvivor
20pips GBPJPY Mission Accomplished
A. (03 September US) Latest Impact: AUDUSD mis-priced!
The first correction near 8500 did not materialize and further false pricing was on the hook. Start getting Long AUDUSD targeting 8700 near term, then 9000, and finally 9345.
The market will start dropping its long term positions as we are approaching the NFP release on Friday, which will deteriorate the dollar & imply August trend correction to at least 50% of the recent funnel.
B. Signal
AUDUSD: Long 8370; TP 12pips
Limit Order Valid till 05 September
C. Mission Accomplished:
(02 September US) GBPJPY: Sell 19265; TP 20pips
Position(s) Closed
D. The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****
Published on
Wed, Sep 3 2008, 12:31 GMT
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