Monday, September 27, 2010

AUD and Cable

Now that no one is talking about currencies, I expect them to come into play again....

The AUD and Cable are at important points.    Now that "everyone" knows the USD is toast, it could rally.   But I won't get too crazy on that line of thinking, EW style seems to point to more downside on the USD.

Shorted ES
Then went long on the AUD PRS 133 (sounds like a code no?), long ES that is --got stoppped out before a massive vertical run up....yes those late night MM's are still tricky the bastards.

 and then went short, and then set stop at break even, profit stop at $700 not to get greedy, and went to bed....the end.

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Insightful and Useful Comment!