Got nervous last night and took a profit so I had to rebuy today.
Pair still seems good for long:
Pair still seems good for long:
1
Disliked{image} I want to keep the same time frame for consistency. Based on this chart my concern for Aussie is the 0.6600 region. It's resistance from the downward sloping line and the area that I had previously marked as support - now it's resistance. With Friday as tomorrow I'm fairly confident that the pair has made it's high of the week - that's why I soldIgnored
DislikedAUDUSD is gaining strength now. Did RBA just leak out interest rate like last month?Ignored
Disliked{quote} Can't help I find really strange that AUDUSD was strengthening less than a day from the announcement. The move is even stranger considering the expectation has been to stop hikeIgnored
Disliked{quote} That's not what I read, I saw it was 65% on hold and 35% chance of a raise, just in recent days however, but I agree, sure looks like the banks "knew"Ignored
Disliked{quote} OF COURSE the banks knew...that is why i trade like them and make it my business to know what they are doing.Ignored
Disliked{quote} Well I was incorrect about the pair making the weekly high yesterday. Now with 1 hour before NFP I am taking a small short position and TP at the 0.6595 level (25% fib level from the current move. {image}Ignored
Disliked{quote}however inflation is still high so they have to keep raising which is good for Aussie lolIgnored