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I am closing all my AUD/USD positions except a very small position that I will hold for profits (still may opt to close soon) as we are close to our target price of .8680 and not worth the screen time to sit and watch just to pick up another 10 pips or so. It may continue but…
Suggest clearing latest NZD from 7530-50 for 130 pips as has pulled back approaching sell zone as expected. Since it is friday I will not be taking a sell on it. The Chf levels held again for a swing back of 70 pips. As posted yesterday I did not take second trade on it, if…
When I posted the aud trade our original entry was around .8670 and it turned out to be squeeze play so I said I would add down to my expected bottom .8530-50 and would trade back up to .8680 (see post December 18, 2007, 4:37 pm) That target has been struck so for those that…