BKSWING – New EUR/AUD and GBP/CAD Orders for 05.15.14

***We are still short GBP/USD

The weakness of the euro and strength of the commodity currencies has driven certain currency pairs to key levels. We think the moves are set to continue and want to position accordingly with 2 new orders. These are the ONLY orders we have on the books aside from the GBP/USD live trade (GBP/CHF order was canceled)

1. Sell EUR/AUD at 1.4547

Stop at 1.4607

Close 1/2 at 1.4517, move stop to breakeven

Close rest at 1.4425

2. Sell GBP/CAD at 1.8145

Stop at 1.8205

Close 1/2 at 1.8115, move stop to breakeven

Close rest at 1.7995

***Remember, if 2 orders trigger without one hitting T1 first, all other orders are canceled

Swing

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