Monday, October 10, 2011

Monday 10/10

Doubling AUD.USD short position @ .9913
Which brings my average short price to about .9850

For now, I am keeping original stop/exit .10026/.9400




Open trades:
AUD.USD   Short .9850   Target .9400 (will re-adjust later)  Stop 1.0026




3:30 AM PST UPDATE
The market is showing some strength during London session, but I am still strongly bearish. I think once NY opens, the move will be faded. I just went back and looked at charts and see a few big resistance lines around my stop at 1.0026 levels and a big one at 1.0050ish. To keep it safe, I am going to move up stop to 1.0150. I don't want to get stopped out of a good trade.





Open trades:
 AUD.USD   Short .9850   Target .9400 (will re-adjust later)  Stop 1.0150

No comments:

Post a Comment