Over the past week, the dollar has maintained its high-level volatility; but the pace of the market still has not translated into direction. This is partially a consequence of thin liquidity through the end of the summer and into the long, holiday weekend; but the same general affliction for the broader speculative market suggests the unusual calm has deeper fundamental roots.[dailyfx] Trade Idea: Buy Aud. P&F AUDUSD5 Box Size 8X3 or(0.29%) HI/LO Data 0.8468 - 0.8243 ~ 0 Month ~ 5.68 Day Database 1050 records 0.83576 (Last Close) 2009-08-28 13~50 2009-09-03 06~15 (GMT+01:00) Paris BJF Trading Group 0.8472|~8||||________________________________________________________________|-0.05%|2.78% 0.8464|~16|||__x_____________________________________________________________|0.05%|2.68% 0.8456|~24|||__x_o_________________x_________________________________________|0.14%|2.58% 0.8448|~32|||o___o_x___________x___x_o_x_____________________________________|0.24%|2.49% 0.8440|~4O|||o___o_x_o_x_______x_o_x_o_x_o___________________________________|0.33%|2.39% 0.8432|~48|||____o_x_o_x_o_____x_o_x_o_x_o___________________________________|0.43%|2.29% 0.8424|~56|||____o___o_x_o_____x_o_x_o_x_o___________________________________|0.52%|2.2% 0.8416|~64|||________o_x_o_____x_o___o___o___________________________________|0.61%|2.1% 0.8408|~72|||________o_x_o_____x_________o_____x_____________________________|0.71%|2% 0.8400|~8O|||________o___o_____x_________o_____x_o___________________________|0.8%|1.9% 0.8392|~88|||____________o_x___x_________o_____x_o___________________________|0.9%|1.81% 0.8384|~96|||____________o_x_o_x_________o_____x_o___________________________|0.99%|1.71% 0.8376|~1O4||____________o_x_o_x_________o_x___x_o___________________________|1.09%|1.61% 0.8368|~112||____________o___o_x_________o_x_o_x_o_____________________x_____|1.18%|1.52% 0.8360|~12O||________________o_x_________o_x_o_x_o_____________________x_o_x_|1.28%|1.42% 0.8352|~128||________________o_x_________o_x_o___o_____________________x_o_x_|1.37%|1.32% 0.8344|~136||________________o___________o_______o_____________________x_o_x_|1.46%|1.23% 0.8336|~144||____________________________________o_________x___________x_o_x_|1.56%|1.13% 0.8328|~152||____________________________________o_________x_o_x_______x_o_x_|1.65%|1.03% 0.8320|~16O||____________________________________o_________x_o_x_o_x___x_o___|1.75%|0.93% 0.8312|~168||____________________________________o_________x_o_x_o_x_o_x_____|1.84%|0.84% 0.8304|~176||____________________________________o_________x_o_x_o_x_o_x_____|1.94%|0.74% 0.8296|~184||____________________________________o_________x_o_x_o_x_o_______|2.03%|0.64% 0.8288|~192||____________________________________o_x_______x_o_x_o___________|2.13%|0.55% 0.8280|~2OO||____________________________________o_x_o_x___x_o_______________|2.22%|0.45% 0.8272|~2O8||____________________________________o_x_o_x_o_x_________________|2.31%|0.35% 0.8264|~216||____________________________________o_x_o_x_o_x_________________|2.41%|0.25% 0.8256|~224||____________________________________o_x_o___o_x_________________|2.5%|0.16% 0.8248|~232||____________________________________o_______o_x_________________|2.6%|0.06% 0.8240|~24O||____________________________________________o___________________|2.69%|-0.04% Column|~248||2_2_5_3_6_5_9_3_6_134_5_5_4_134_3_7_205_4_3_5_127_6_5_4_3_9_6_5_| Count PDF
Good support around 8390. May look for 8300 if it breaks. It may go straight towards 8500. Monkeys might fly from my arse. More than likely done until Sunday night.
Madness. I hope it works out for you, but this risk orgy shows absolutely no inclination of stopping.