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Tuesday 6 July 2010

2010-07-06 23:43 GMT +1

GU if asian session won't bring anything new, tomorrow I wait for break of 1.52.

EU 1.2671 is a key level that if retested tomorrow will also break [for 50 pips or more]

EJ shows some signs of gains. I think one or two days more and some great setups will start to pop up here and there...

AUDUSD - clear OB up on daily, I like it a lot. But this is a tricky trade. There is a key resistance level @ 0.8577. I would trade this pair only if it react off this level and than slowly advance further. 0.8570 - 0.86 is a perfect TP1, than I would leave it to go maybe even to 0.87, just with adjusting SL here and there with final target @ 0.9.
to sum up, It's a 100% setup if and only if 0.8577 [or 0.86 will react first [at least 20].


Gold further fall ensures me in my risk appetite strategy [at the end of the day it's all just a psychology and traders biases...]

And DJI outside bar up on top of it...

2010-07-06 7:19 GMT +1

today London session is a chance for EUR and GBP to rise a bit further after asian, there is a good spot to aim just above overnight high.

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