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

Monday, January 11, 2010

011110

Today's a palindrome folks. (If you trade in the U.S.)

It's binary as well, what a day for number geeks!

Here's the scoop:
As you can see above, the Dollar felt a little dirty, so it took a bath once the market opened in Sydney. Pre-retail market open, there was 'real' money seen buying Aussie, which saw most of the anti-dollar pairs gap on the open, a rare occasion in The Land of FX.

The picture below shows the current strategy. The entry taken post-NFP is doing quite nicely, pushing into the .9320 high as we speak. Stop is being trailed along the 34EMA (low) on the H6 chart. Top-line target is parity.

Happy trading to all this week!





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Interesting ACM gadget