BAVARIA FIRST INVESTMENT

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		<p class="header"></p><h1>Recommendation - 2010-02-23 <small>09:30</small></h1><br /><table border="0" class="bfi bfi_short" style="border: medium none "><tbody><tr class="header"><td>Cross</td><td><strong>EURUSD</strong></td><td><strong>GBPUSD</strong></td><td><strong>EURJPY</strong></td><td><strong>USDCHF</strong></td></tr><tr><td rowspan="2">Open</td><td style="color: #000000">Long<br /></td><td style="color: #000000">Long<br /></td><td style="color: #000000">Long<br /></td><td style="color: #000000">Short<br /></td></tr><tr><td style="color: #000000">1,3655<br /></td><td style="color: #000000">1,5540<br /></td><td style="color: #000000">124,20<br /></td><td style="color: #000000">1,0740<br /></td></tr><tr><td>Take Profit I</td><td style="color: #000000">1,3700<br /></td><td style="color: #000000">1,5580<br /></td><td style="color: #000000">125,10<br /></td><td style="color: #000000">1,0660<br /></td></tr><tr><td>Take Profit II</td><td style="color: #000000">1,3740<br /></td><td style="color: #000000">1,5630<br /></td><td style="color: #000000">125,90<br /></td><td style="color: #000000">1,0610<br /></td></tr><tr><td>Stop Loss</td><td style="color: #000000">1,3620<br /></td><td style="color: #000000">1,5500<br /></td><td style="color: #000000">123,90<br /></td><td style="color: #000000">1,0775<br /></td></tr></tbody></table><p class="law">The Recommendations are estimated with our best knowledge and diligence. We accept no responsibility for the accuracy or completeness of any information here in contained nor for any forecasts or recommendations. We shall not be responsible for any loss arising from any investment based on any recommendation, forecast or other information herein contained. The contents of this publication should not be construed as an express or implied promise, guarantee or implication by us that you will profit from the strategies herein or that your losses in connection therewith can or will be limited. Stops may not necessarily limit losses to intended levels.</p>
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Daily recommendation - 2010-02-23, 09:30

Cross	EURUSD	GBPUSD	EURJPY	USDCHF
Open	Long	Long	Long	Short
Open	1,3655	1,5540	124,20	1,0740
Take Profit I	1,3700	1,5580	125,10	1,0660
Take Profit II	1,3740	1,5630	125,90	1,0610
Stop Loss	1,3620	1,5500	123,90	1,0775

>> Link to commentary 2010-02-23

The Recommendations are estimated with our best knowledge and diligence...

The Recommendations are estimated with our best knowledge and diligence. We accept no responsibility for the accuracy or completeness of any information here in contained nor for any forecasts or recommendations. We shall not be responsible for any loss arising from any investment based on any recommendation, forecast or other information herein contained. The contents of this publication should not be construed as an express or implied promise, guarantee or implication by us that you will profit from the strategies herein or that your losses in connection therewith can or will be limited. Stops may not necessarily limit losses to intended levels.

BAVARIA FIRST INVESTMENT

Daily recommendation - 2010-02-23, 09:30

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