Currency Trading at www.Elite-Trading-Corp.com

The NZDUSD decline from .6550 is in 5 waves and suggests that the trend has turned down.? A corrective advance is underway now and price is approaching the 50% retracement of the 5 wave decline, which is at .6395.? The 61.8% is at .6430.? Expect resistance at one of these levels.? Hourly RSI is above 70 right now, so the rally may be stretched.??

Notice to FXCM LLC (FXCM U.S.) Traders: How to use Stops and Limits after July 31 For Immediate Release: Media Contact: Jaclyn Sales, jsales@fxcm.com New York July 6, 2009 FXCM Holdings , has received numerous questions after our first e-mail regarding the new NFA Compliance Rule 2-43(b). Please note that you will be able to use entry orders to place stops and limits after July 31, 2009. Entry orders provide the ability to realize profits and cut losses.