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Automated Signals See Counter-Trend Trades For New Zealand, US Dollar
Thursday, 09 October 2008 02:35:10 GMT  |  Luis Gil, DailyFX.com
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Within the last 40 minutes, our automated trading signals bought NZDUSD and AUDJPY using the Momentum1 and Momentum2 strategies. The long-term strategy, Momentum1 has an accuracy percentage of 38% and an average per trade pip profit or 43.19. Momentum2, a medium-term strategy, has a 44% accuracy percentage and an average per trade earnings of 19.95 pips.

Fundamentally these may be counter-trend trades as yield-gaps are expected to favor the greenback and Yen, not the Kiwi and Australian Dollar.


10-08-08 nzdusd


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