June 30, 2011

We are up about 33.5% for the month of June. As the month wraps up, we may have a good trade opportunity.

Open Orders

Pair	Action
EUR/USD
GPB/USD
USD/JPY
USD/CAD
AUD/USD
USD/CHF

New Orders

Pair	Order	Entry	Stop Loss	Profit Target
EUR/USD
GPB/USD
USD/JPY
USD/CAD
AUD/USD	Sell Stop	Market (1.0703)	1.0660	1.0550 (50)
USD/CHF

All Pending type orders are only good for the day. Set the pending order to expire within 24 hours.

AUSUSD: We see a potential downward turn coming on the Aussie, but we want to make sure it is truly a downward momentum before entering. If it breaks below our entry point, there should be little resistance to keep it from moving down at least 100 pips. If it should trigger, lets also put a 50 pip trailing stop on it.

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Tagged with: New Orders • Open Orders • Profit Target • Sell Stop

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