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Live Economic Calendar Powered by the Forex Trading Portal Forexpros.com

Thursday, November 19, 2009

Here's the Plan, Stan

Entry: .9101

Stop: .8999

Target: .9750 (stop actively managed along the way)

Daily Outlook: Uptrend line since mid March lines up with entry. Stop placement lines up currently with the 50MA, which will rise if the long term uptrend persists.

H4 Outlook: Entry lines up with the 61.8 fib retracement of the last run from 11/01-11/16.
(.8905-.9405)

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