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Friday, November 6, 2009

NFP Trading Plan

If AUDUSD...

a) Crashes through the stop, sit on hands for cue on next direction.

b) Hits stop and stalls, look to re enter on signs of strength.

c) Rallies, then falls, keep stop at breakeven

d) Rallies, and holds, move stop to .9100 (~+100 pips)

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