Trades for Thursday 20/Aug/09

Well every trade this week has either moved into profit and stopped out, or is sitting in profit with a trailing stop above entry meaning we are essentially sitting on a guaranteed gain. Next up

Long AUD/NZD

The AUD is looking oversold against the NZD, and is likely to correct. Look for an entry at or below 123, with a stop at 122.40. Aiming for a price target of 126.