I am still holding on to my longs.
Market is no longer making lower high and lower low's, it just took out the recent high, meaning a trend reversal and looks like it is headed higher...
PPP - Patience Pays PIPS
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DislikedYou had a good long, why did u close it....do you see any signs of market reversing...going down etc....
I am still holding on to my longs.
Market is no longer making lower high and lower low's, it just took out the recent high, meaning a trend reversal and looks like it is headed higher...Ignored
DislikedChina Update.
Well what a surplise !! China trade number up $8.2 billion more than expectation.
AUD has taken out the shorters and a few sellers have now emerged around 1.0300
EUR/AUD @1.2405
There seems buyers at 1.2400 as well which is aiding the stall in AUD/USD rise.
Overall I think it points favourable to own AUD... so sell it at your peril.
Good luck..Ignored
Dislikedthe current up move hasn't take me out yet. Good thing I have a large stop, I saw a trendline break down on the weekly charts so I needed some breathing room.Ignored
DislikedOnly time will tell lol. Personally I think we won't break 1.0300Ignored
DislikedIf we do i can't see much resistance b4 1.0400 except maybe the 76.4% fib @ 1.03287.Ignored