DislikedGood find, I forgot about them! Well, it proves the point that these SHORTS will be weeded out. Might as well hold on to the longs for awhile!Ignored
I am in this trade more as a comment on the USD than the AUD; the AUD simply offered the best positive carry.
This trade will eventually reverse and I think it has the potential to do so with a vengeance. The biggest advantage that us retail traders have is that we can liquidate our entire positions and not move the currency by more than half a pip (assuming we're not trading in very thin hours). The big guys don't have that advantage.