Out at breakeven. Going to play Mariokart with my son and blow off some steam. I will be keeping an eye out for more set-ups this morning.
Economic activity in Australia is expected to improve throughout the second-half of the year as economists forecast the growth rate to expand 0.2% in the second quarter, and a rise in the GDP is likely to push the AUD/USD higher over the near-term as investors anticipate the central bank to tighten policy over the next 12 months. My Trade Idea: AUDUSD - Buy at 0.8240\80 Target: 08440, Stop: 0.8150 P&F AUDUSD5 Box Size 8X3 or(0.29%) HI/LO Data 0.847 - 0.8239 ~ 0 Month ~ 5.68 Day Database 1050 records 0.83228 (Last Close) 2009-08-27 16~40 2009-09-02 09~05 (GMT+01:00) Paris BJF Trading Group Code: 0.8464|~8||||______________x_____________________________________________|0.07%|2.73% 0.8456|~16|||__________x_o___o_________________x_________________________|0.17%|2.63% 0.8448|~24|||__________x_____o_x___________x___x_o_x_____________________|0.26%|2.54% [color=blue]0.8440|~32|||__________x_____o_x_o_x_______x_o_x_o_x_o___________________|0.35%|2.44%[/color] 0.8432|~4O|||__________x_____o_x_o_x_o_____x_o_x_o_x_o___________________|0.45%|2.34% 0.8424|~48|||__________x_____o___o_x_o_____x_o_x_o_x_o___________________|0.54%|2.25% 0.8416|~56|||__________x_________o_x_o_____x_o___o___o___________________|0.64%|2.15% 0.8408|~64|||__x___x___x_________o_x_o_____x_________o_____x_____________|0.73%|2.05% 0.8400|~72|||__x_o_x_o_x_________o___o_____x_________o_____x_o___________|0.83%|1.95% 0.8392|~8O|||__x_o_x_o_x_____________o_x___x_________o_____x_o___________|0.92%|1.86% 0.8384|~88|||__x_o_x_o_______________o_x_o_x_________o_____x_o___________|1.02%|1.76% 0.8376|~96|||__x_o___________________o_x_o_x_________o_x___x_o___________|1.11%|1.66% 0.8368|~1O4||__x_____________________o___o_x_________o_x_o_x_o___________|1.2%|1.57% 0.8360|~112||__x_________________________o_x_________o_x_o_x_o___________|1.3%|1.47% 0.8352|~12O||__x_________________________o_x_________o_x_o___o___________|1.39%|1.37% 0.8344|~128||__x_________________________o___________o_______o___________|1.49%|1.27% 0.8336|~136||__x_____________________________________________o_________x_|1.58%|1.18% 0.8328|~144||__x_____________________________________________o_________x_|1.68%|1.08% 0.8320|~152||__x_____________________________________________o_________x_|1.77%|0.98% 0.8312|~16O||__x_____________________________________________o_________x_|1.87%|0.89% 0.8304|~168||________________________________________________o_________x_|1.96%|0.79% 0.8296|~176||________________________________________________o_________x_|2.05%|0.69% 0.8288|~184||________________________________________________o_x_______x_|2.15%|0.59% [color=blue]0.8280|~192||________________________________________________o_x_o_x___x_|2.24%|0.5%[/color] 0.8272|~2OO||________________________________________________o_x_o_x_o_x_|2.34%|0.4% 0.8264|~2O8||________________________________________________o_x_o_x_o_x_|2.43%|0.3% 0.8256|~216||________________________________________________o_x_o___o_x_|2.53%|0.21% 0.8248|~224||________________________________________________o_______o_x_|2.62%|0.11% [color=blue]0.8240|~232||________________________________________________________o___|2.72%|0.01%[/color] 0.8232|~24O||____________________________________________________________|2.81%|-0.08% Column|~248||0_134_4_3_9_1_1_5_3_6_5_9_3_6_134_5_5_4_134_3_7_205_4_3_5_12| Count
I've bagged the 'basket trading' for now...solely focusing on the EUR/USD right now...more updates to follow...
Excellent choice. Kinda gets crazy trying to follow all those pairs eh? Is it just me, or anyone else smell the EURUSD heating up to $1.44-$1.45?