Currency Markets 1/20/2008

On Friday the long EUR/USD (+130 pips) and AUD/USD (+80 pips) should have been reversed to shorts:

-
EUR/USD - short from 1.4650 stop 1.4900
AUD/USD - short from 0.8800 stop 0.9150
GBP/USD - short from 2.0600 stop 400 pip trailing (1.9990)
USD/CAD - long from 0.9970 stop 1.0025
USD/JPY - short 113.000 stop 109.500
USD/CHF - short 1.14000 stop 1.12000