Long AUD .7585. I can imagine someone still trying to pick a top here, thinking they are trading with the trend. Of course they could be right. I'm betting otherwise
Going to shut down for awhile. Traders who couldn't wait to get into USD yesterday are falling all over themselves to get out. I missed it so far and I don't want to chase.
The Australian dollar is a real turd. It doesn't want to go down when everyone else is going down, and it doesn't want to go up when everyone else is going up. And when you're wrong, there's no jiggle to let you out easily. So why do I keep trading it?
Still short USD across the board. Got stopped on EUR and Cad longs, reentered. It seems that the tide has temporarily turned. Till proven otherwise.
Short eur 1.1782. Long Usdjpy 1.11. It appears at this moment that the tide has gone back out. Very tenuous though.
Got stopped on usdjpy. Added Aussie short above . 7570. Added to EUR short above 1.1780. Gold 1291 support. Looks like it's going to break, then it's off to the races again.