hi u2 thanks for the charts you have posted. the aud/usd action the night before last (aus time) was interesting to say the least. there was a 40 pip run up and then a 40 pip retracement in a very short time frame. that to me confirms a wash and rinse, that wash and rinse stoped out most of the shorts traders, on seeing this i went short, trying to get on the same side with the big players, then they preceeded to take out the next 4 levels of long stops, unreal price action. have a good one
