Daily Trading signal from Green Forex for today , June 2th, 2009

Hi everyone,

In this email I am going to review the price action from yesterday
and give you my view on the market for today, Tuesday the 2nd.

So for yesterday my call was Buy Gbp/Jpy at London open or around
154.00 and what we got was actually a huge rally , around 300 pips,
move that accelerated with the good PMI numbers from the UK. So great
trade for the ones that were in it , I personally got out before the
news and missed most of this move. For those of you that got long GU
and GY when I was calling it last week , I still think that GY is
heading to 160 and GU to 1.7 , but due to those huge moves, it could
be a good place to take some profits and maybe re-enter at a better
price.

For today's session I do not have a trade at this time.

That's it for today , remember that I trade in the Live Forex
Trading Room between 2am-6am Eastern time, I will be hosting my
regular 4 hour session and this time I will be adding some long term
trades to the regular ones. So here will be a little more action and
lots of pips to be made.

Enjoy trading and good luck everyone!

Mr.Green

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