AUD unknown

I'm short from 0.8310 based on 1hr weakness. The thin volumes...

  1. 616 Posts.
    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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