Currencies Market Overview

Australian Dollar

CONTNIUATION of Long 2 March Australian Dollar at 10650 (February 2)
Exit Stop: 10520 (stop)(GTC)
Approximate Risk: $1300 per contract
Profit Target: 10720 (limit)(GTC)
Approximate Profit: $700 per contract
Degree of Risk: HIGH

Canadian Dollar

Watch List – on the lookout for a pullback and another chance to BUY.

Euro FX

If the March EuroFX opens at or above 13051
SELL 2 March EuroFX at 13050 (stop)(day)
If filled: Exit Stop: 13200 (stop)(GTC)
Approximate Risk: $1875 per contract
Profit Target: 12900 (limit)(GTC)
Approximate Profit: $1875 per contract
Degree of Risk: Moderate to HIGH

Japanese Yen

Watch List – I’d love to see support come into the market to start this week. That would be a good enough reason for me to BUY.

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