Forex Signal 19 Jun 2007

Tuesday, June 19, 2007

Based on 4H chart. Purely technical. Intermediate trend.

Short GJ @ 245.45 or better
Stop Loss : On your own
Target : 20 - 400 pip
Risk Level : High

Short EJ @ 166.15 or better
Stop Loss : On your own
Target : 20 - 400 pip
Risk Level : High

Short UJ @ 121.83 or better
Stop Loss : On your own
Target : 20 - 200 pip
Risk Level : Medium

Long Aus/Usd @ 0.8425 or better
Stop Loss : On your own
Target : 20 - 120 pip
Risk Level : Low

There is no specific target as I dont know where the price is heading. Adjust stop loss to the lowest/highest value of every pullback/retrace.