Trading -AUD/USD

eur/usd at 1.3393. Taking some off in case it does not break 1.3390 or bounces off at.

 

EUR/JPY @ 1.3333. Short side. Scaling in. It is against trend. So riskier.

 

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.

 

eur/usd @ 1.3389. Short side. Partial.

 

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.

 

out of this at 1.3383 until things become clearer, and it would need watching if left open.

 

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.

 

Good decision, as you can see EUR/JPY just hit 133.50

 

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.

 

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