Wednesday, June 18, 2008

AUD/USD

The pair has continued on it's trend as originally expected.  My long below .94 was never hit and I've since canceled the order.

I'll continue to watch this one but it looks like I missed the boat.  I could go long on a pullback but I'd rather stick to more important support levels/pullback on a major trend (like the one at .94 two days ago) instead of messing with the smaller hourly trends.

I am looking forward to the Sunday gap plays this weekend...trying to find more info on these gaps as well as build a track history of certain pairs, their gap sizes, etc.

Good afternoon :)

AUD/USD S/L hit

overnight.  Bounced a bit after coming down to nearly .94.  I canceled the first limit order at .9403 but have left the long order at .935 in place.