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Old 08-08-2006, 14:48   #175
rufffen
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Re: EUR/JPY CYCLES UPDATE Part1

Was a non-event with no surprises there, some setups did OK (EUR AUD) some you should have SL at BE, I think CHF was stopped out but, Ill double check that.

I still got EUR longs going with CHF-hedge to offset any possible losses, will unload it when recent highs on EUR are broken, or hold and close EUR trade once we break out of the uptrend channel.

All in all a poor start, but I expect some good action towards Thursday/Friday, as the markets start to absorbs implications of FED tightening.
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