June Trade # 5 - BUY AUD/USD

June 3, 2009 12:30 pm (Manila)

Manually took out both lots at +20 pips apiece for a total of +40 pips. Took it oout when pair encountered resistance near 0.8242 level.

There are lots of fish in the ocean but you can't catch them all. I am satisfied for now with 40 fishes. There will always be tomorrow to catch more.

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June 3, 2009 9:36 am (Manila)

BUY AUD/USD @ 0.8222
STOP - 0.8171
Limit 1 - 0.8252
Limit 2 - 0.8300

A few minutes ago, Australian q/q GDP came out better than expected and on the positive zone. I expect this to be bullish for the AUD.