USD index

[Cswim63]

We seem to be in the middle of some kind of correction in equities, being blamed on politics mostly.

 

[Cswim63]

Bond market the real wild card with them having to taper QE in the US for starters.

 

[Cswim63]

Just looked at EUR/AUD daily. It's basically sideways the past few weeks, sort of a toss up. I was going with yesterday's weakness in the Euro. The Aussie bounced off the lows way before the Euro. So I'll stay more on the EUR and Pound for shorts.

 

[Cswim63]

15 min EUR/AUD chart looks like it's holding 1.4850 now, so I don't know.

 

[Cswim63]

Sometimes I'll just throw them all at the wall and see what sticks.

 

[Cswim63]

Watching this .7280 level Kiwi. Short and long time frames look like they converge there. I'd probably be short if I had any margin left.

 

[Cswim63]

I guess you have to go out to a 4 hr chart before you see it in the Kiwi

 

[victorycountry]

Swim have you considered trading EJ and GJ? I find that they are better pairs to trade during Asian, sometimes, they move 100pips. imho, NZ and Aussie move better during US session.

 

[victorycountry]

Looks like EA is approaching 1.49 where it will reverse direction

 

[victorycountry]

imho, NZ is ranging. It's bearish but it's about to appreciate after retesting 0.727 level