Wednesday, May 30, 2012

Aussie / JPY & Kiwi / JPY Update Wednesday 30th May 2012 05:23hrs

Aussie / JPY & Kiwi / JPY

Aussie / JPY has made a new low over night and I have moved the stop to break even removing the risk from the position.

I have set a limit order for the target of 5% at 75.75.

Chart below

 



Kiwi / JPY was unable to remain below the trend line break level and has been stopped for a loss of 1%. Price is now back at the entry level.

Chart below

 



I will update again on the AJ position later today.

I am looking for the next strategy trade and will update when it has been identified.

Have a good morning

Regards

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