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Current USD Trading Plans

Discussion in 'Commercial Trade Journals' started by Mark Mc Donnell, May 11, 2011.

  1. Mark Mc Donnell

    Mark Mc Donnell Forex Early Warning Representative

    Joined:
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    USD/JPY – We think the D1 timeframe could build a new trend with good upside potential to past 85.00, for timing check after the USD news


    EUR/USD - strong intermediate downtrend, set sell alarm at 1.4180, some spikes of support below there but next real support is 1.4000 and it could likely break that

    When the price alarms hit verify any sell entries with The Forex Heatmap ™ and look for USD strength or cross currency weakness or both.



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    Mark Mc Donnell
    www.forexearlywarning.com
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