I woul'd recommend "no trades" , becouse of Japan........Children’s Day 05 May 2008 and ......... United Kingdom May Day Bank Holiday 05 May 2008

05/05 daily pivots

eur................1.5533
gbp...............1.9800
nzd...............0.7882
aud...............0.9450

cad...............1.0120
jpy................104.77
chf...............1.0453

In a few words, pivot point is a level in which the sentiment of traders and investors changes from bull to bear or vice versa.

New daily pivots:

eur..............1.5500
gbp.............1.9720
nzd.............0.7865
aud.............0.9473

cad.............1.0115
jpy.............105.06 - 104.80
chf.............1.0515

In a few words, pivot point is a level in which the sentiment of traders and investors changes from bull to bear or vice versa.

Sell AUD/USD close to pivot (0.9473) , but 9:30 ET Australian Trade Balance Godds makes some extra risk.............

If you AUD/USD short, put very close stops beafor 9:30 pm ET..........

If you are AUD/USD short from pivot, move stops to entry........

05/06 daily pivots:

eur............1.5535 - 1.5550
gbp...........1.9750
nzd...........0.7879
aud...........0.9480

cad...........1.0080
jpy............105.15
chf............1.0460

In a few words, pivot point is a level in which the sentiment of traders and investors changes from bull to bear or vice versa.

If you are AUD/USD short from yesterday.......close 1/2 for profit , and 1/2 stops to entry........

I will buy USD/CAD close to 1.0000, with very close stops........

Buy AUD/USD move stops to entry..........