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Daily Market Call

Discussion in 'Personal Trade Journals' started by memo, Oct 8, 2009.

  1. memo

    memo Recruit

    Joined:
    Oct 4, 2007
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    • Take profit on yesterday’s buy in the AUDUSD around current levels.
    • EURUSD is expected to test 1 year’s high around the 1.4840 levels, move our stop loss to the 1.470 levels.
    • GBPUSD, buy target 1.6120 with tight stop loss around 1.5950.
    • We expect the Japanese Yen to appreciate against the USD and the GBP, hence sell any USDJPY, GBPJPY rally.
    • Stock market is expected to trade higher today.
     

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