6-20-08: AUDNZD Currency: Trade Entry (Ichimoku, Forex)

The AUDNZD Currency pair looks like it may be finished with its pull back.   Therefore, the trade was entered at market with a tight stop.   This is a long term position.   Once price moves above the Tenkan Sen, we will use it as a stop (w/buffer).    With a little up movement, the Chikou may give us momentum for the bullish trend to continue.
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About the Author Manesh Patel