5. TRADE IDEA FOR THIS WEEK LONG EURAUD-SUCESS

My analysis shows that the daily trend seems to change and wave is strogly bullish. Looking at the chart seems that the pair may be getting to rise . As a result i will  buy at  1.2440 with a S/L at 1.2250 and T/P 1.2795.

Order:
1. EURAUD BUY @  1.2440  S/L1.2250, T/P 1.2795  . 

If not executed order expires  on the 24 of March


UPDATED 25.03.2012 : The posisition has been activated and is still open. I have moved my s/l in  break even  (1.2440)

UPDATED 30.03.2012: The position reached its t/p target and terminated(+355 pips)