AUD/USD
Took a short AUD/USD position just now (0.8046).
100 pip SL.
500-700 pip TP
I will post a chart with my reasoning later on tonight. But it is based on my pressuposition that we will form a pinbar on the monthly mid-week. I may be totally wrong, so a safer option would be wait for a monthly close to be sure.
100 pip SL.
500-700 pip TP
I will post a chart with my reasoning later on tonight. But it is based on my pressuposition that we will form a pinbar on the monthly mid-week. I may be totally wrong, so a safer option would be wait for a monthly close to be sure.
Edit: Here is the chart...
posted by Danny at 6/29/2009 08:23:00 pm
0 Comments:
Post a Comment
<< Home