Monday, July 15, 2013

Trade Plan for 7/16/2013

AUD related pairs have moved within few pips their ADR and need to pullback for any viable trade to be meaningful, so my suggested entries for AUD related pairs are below current prices unlike the NZD that are above. If NZD pairs however follow AUD in making some deep pullbacks, then we should get better EP. On the other hand, if AUD continues to move strongly higher, then it will be my discretion whether to take the risk depending on the pips left within the ADR.

Good trading.

Shalom, and God bless

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