Trading -AUD/USD

Quote from tradingjournals:

EUR/JPY @ 1.3333. Short side. Scaling in. It is against trend. So riskier.
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EUR/JPY seems to be headed to 133.50

Quite often at round numbers like 133.00, if the price reaches 133.25 it usually does not stop until it reaches 133.50, another psychological number.
 
The ECB decision and the Non-Farm Payroll report have left the market unstable, it will take time before we see clear trading signals again.
 
Quote from tradingjournals:

EUR/JPY @ 1.3333. Short side. Scaling in. It is against trend. So riskier.
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Also out of this at between 1.3330 and 1.3325. Might least an order to get in on short side if price breaks 1.3321 support.
 
Quote from tradingjournals:

Also out of this at between 1.3330 and 1.3325. Might least an order to get in on short side if price breaks 1.3321 support..
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Good decision, as you can see EUR/JPY just hit 133.50
 
Quote from tradingjournals:

Also out of this at between 1.3330 and 1.3325. Might least an order to get in on short side if price breaks 1.3321 support.
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My current thinking is that 133.50 and 99.70 could lead to a reversal of the yen, and a possible significant slide of other currencies against it. I decided to wait and see what it would do.
 
Quote from xelite777:

The ECB decision and the Non-Farm Payroll report have left the market unstable, it will take time before we see clear trading signals again.
More...

yes, really screws the charts up, doesn't it?
 
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