DislikedClosed my short from 9950 @ 9885. Just feel uncomfortable in a short with equites showing so strong. Perhaps I will re-short again between 9950 and 1.000. I have had a very good run of late and am in no hurry to put my profits at risk.
Regards,Ignored
USDX has to go pass 80 for audusd to fall further, this shoulder forming, feels really weird. i feel like 0.9850 will hold and usdx will touch 80.
Then AUDUSD will form another mini H&S at H1 before the next move or coming down again. So it might retrace at 0.9850 to 0.990. Once USDX breaks above 80 we can go for big shorts. HOWEVER, this is highly unlikely, i am much more bearish to USD because it just broke the up trend(h4), Received a pullback to the trendline, hen price consolidates around 79.1 to 80. its more likely to come down, that is why im being cautious, i had a good run aswell, im not going to risk so much.. so i might just short small lots. on audusd and more if USDX ever breaks above 80.
some stuff to look at:
http://news.yahoo.com/s/yblog_theloo...money-properly