Trading -AUD/USD

Quote from tradingjournals:

eur/jpy: did not notice this pair until after it broke below 135.08. MINUS at 134.70. Partial with add planned below 134.60 area. Idea of this pair is that it might mimic stock markets. Thinking this might be like a reverse V. top. Concerned about possibility of a sharp rally to make a possible head-fake.

It did well. Now at 134.80. Taking some off.
 
Yep, that shooting star on the AUD/JPY ended up being the high of the day, as expected.

Nice call on the EUR/JPY too, TradingJournals.

Right now I am watching the NZD/USD (30 min), seems to be ready for a serious take-off, take a look...
 

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Quote from tradingjournals:

eur/jpy: did not notice this pair until after it broke below 135.08. MINUS at 134.70. Partial with add planned below 134.60 area. Idea of this pair is that it might mimic stock markets. Thinking this might be like a reverse V. top. Concerned about possibility of a sharp rally to make a possible head-fake.

EUR/JPY now at 133.29. Getting out here.
 
Quote from xelite777:

Yep, that shooting star on the AUD/JPY ended up being the high of the day, as expected.

Nice call on the EUR/JPY too, TradingJournals.

Right now I am watching the NZD/USD (30 min), seems to be ready for a serious take-off, take a look...


Thanks for the info. I am then going to look at AUD/USD in case the move in same direction.
 
Quote from tradingjournals:

EUR/JPY now at 133.29. Getting out here.

Yes it's nice to ring the cash register but your short EUR/JPY trade has still a lot of potential...
 
Considering AUD/USD for long side. Not sure yet. Depends on whether a good entry. Another issue: upside might be limited.

How about AUD against other pairs such as EUR?
 
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