Honestly, I thought once it broke 1.9600 it would continue heading south. Hence my negative returns!
But, the daily chart looks ready to roll down, if it hasn't started already, so yeah, short could work. See what happens Sunday night.
Traded like crap this week. EUR/AUD ended up taking me for 50 pips by the end of the week.
"Exotic" my fat ass!!:mad:
It would seem Schradertrader had the other side from me!
Better to give than to receive (sure)!
Next week, it will all be a distant memory.
David.
I was watching that pair, read your post, went back, and the pair had dropped 60 pips. Either I read at a 2nd grade level, or......:)
Sorry, that got away from the thread theme.
I agree with the idea, drop on EUR/AUD.
Possible target below 1.900?
EUR/AUD has been in a range for over 6 hours.
When it breaks, it will be big, in my experience.
If it stays below 1.9900 for a while.
Been climbing since the 6th, still plenty of room.
That's what has me confused. Aussie rates are approx 4.25%, versus a much lower EUR rate. It would seem to make the AUD more attractive. All other EURO pairs are dropping, except this one. Do I have it backwards? Is it a run-up, or, as Ivan mentioned earlier, is it already baked in?:confused:
They fit all those desks in THIS house?
I always Google-map these scams.
http://maps.google.com/maps?hl=en&ned=us&q=&tab=wl
909 McCleary Street, Delray Beach, FL 33483