AUD/USD

still hanging in from 1.0399 short..

im thinking we on our way to a bigger move down

now with last night in mind everyone keep a lookout for a sharp move down and then a quick reversal

the reason i say this is that this is shaping up to be the same situation we had last night and during frankie we had a stop hunt lower only to quickly reverse and rally into ny close today

just something to watch out for so you dont loose your profits thinking its just a bounce before a contiuation..

the important think to watch is just how price reacts at the level to determine if sentiment is changing quickly or not..

so still hanging short lookin for 0300 or lower but ready to take profits if need be

here we go

well thats not exactly the smartest thing ive ever done..

we may get a reversal here give it 20 min and we will know

smells of a stop hunt

yep got a close eye on it, franky fakeout?

im out i dont like it covered for +55 pips

London open soon anyway, will get some movement again. was +50 something pips yesterday.

looking long soon. hopefully london gives me a better price

almost there...cmon now go hit that support level..

took it back long at 1.0331 looks like it hit the stop level with that nice rejection off...

long 0335, 15m doji + stochastic level was enough incentive for me. tp at 0380 see what happens if we get there

edit: SL at 0320 in case this a pullback before the heavy move down

SL hit damn that trade turned ugly quick

looks like it wanna retest 1.0280 like you said

yep does seem that way, sitting out to see how that level reacts

oh well closed that damn short early..... kinda jumbed the gun on it

Papandreou is out.
Berlusconi is (almost) out.

EUR should be rallying. BUT it is not.

I guess, RISK Aversion is on.
We might see this pair drop below 1.0250

0280 still fighting..

woops not anymore. equities just fell off a cliff too

dead


edit: reviving?

still worried about that 0210 level too before i can confidently watch this ride down further.