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Old 05-05-2008, 13:07   #17
Alg
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Re: ALG's FOREX..........
New daily pivots:

eur..............1.5500
gbp.............1.9720
nzd.............0.7865
aud.............0.9473

cad.............1.0115
jpy.............105.06 - 104.80
chf.............1.0515

In a few words, pivot point is a level in which the sentiment of traders and investors changes from bull to bear or vice versa.
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Old 05-05-2008, 16:45   #18
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Re: ALG's FOREX..........
Sell AUD/USD close to pivot (0.9473) , but 9:30 ET Australian Trade Balance Godds makes some extra risk.............
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Old 05-05-2008, 21:06   #19
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Re: ALG's FOREX..........
If you AUD/USD short, put very close stops beafor 9:30 pm ET..........
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Old 06-05-2008, 00:38   #20
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Re: ALG's FOREX..........
If you are AUD/USD short from pivot, move stops to entry........
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Old 06-05-2008, 07:09   #21
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Re: ALG's FOREX..........
05/06 daily pivots:

eur............1.5535 - 1.5550
gbp...........1.9750
nzd...........0.7879
aud...........0.9480

cad...........1.0080
jpy............105.15
chf............1.0460

In a few words, pivot point is a level in which the sentiment of traders and investors changes from bull to bear or vice versa.
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Old 06-05-2008, 08:28   #22
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Re: ALG's FOREX..........
If you are AUD/USD short from yesterday.......close 1/2 for profit , and 1/2 stops to entry........
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Old 06-05-2008, 11:23   #23
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Re: ALG's FOREX..........
I will buy USD/CAD close to 1.0000, with very close stops........
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Old 06-05-2008, 12:02   #24
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Re: ALG's FOREX..........
Buy AUD/USD move stops to entry..........
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