I'm short from 0.8310 based on 1hr weakness. The thin volumes seem particularly shaky to me.
My thoughts are that if you have a AUDUSD position, you may as well have the identical EURUSD and USDCAD position (obivously reversed because of the pairing order). All 3 move almost identically.
I'm also short EURUSD from 1.4235. Wide stops and small sizes. If I lose, I know what I've risked. If I win, I also know what the risk/reward is.
Good trading all.
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I'm short from 0.8310 based on 1hr weakness. The thin volumes...
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