Tradex Forex Journal

[Tradex]

Please note that some of my comments are for dramatization and entertainment purposes only, I am not actually "talking" to some currency pair

 

[Tradex]

i am currently short AUD/USD at 0.7765, 26 pip stop.

Reversing on me, or so it seems, eh?

I'll call your bluff and "double down", how about that, Aussie?

 

[Tradex]

The last Aussie bulls are still fighting for their turf, but for how long?

Let it go boys.

 

[Tradex]

Out AUD/USD at 0.7740, +25 pips.

 

[Tradex]

Short EUR/AUD ar 1.5568, 31 pip stop.

 

[Tradex]

Some support at the 1.5570 level (5 min chart), don't reverse on me boy.

 

[Tradex]

Crude Oil Inventories report in 10 minutes, let's see if it moves this lazy bum.

 

[Tradex]

Notice that both EUR/USD and AUD/USD are currently moving fast, but not the EUR/AUD.

 

[Tradex]

From a chart pattern point of view, we do see a breakout of an uptrend line on the EUR/AUD.

I do not use chart patterns but they do add some conviction to our trading decisions.

 

[Tradex]

Short EUR/AUD ar 1.5568, 31 pip stop.

Uh-oh, possible reversal in progress, easy super freak.