AUD unknown

hey guys , not sure if anyone managed the short side on friday...

  1. 451 Posts.
    hey guys , not sure if anyone managed the short side on friday night , i was not trading but some decent profits to be made , last week i called for a pullback and we got it even if it was in the last session , this week i will be cautious , when everyone starts to talk of parity and a lot of the business news has been about the aud strength , i start to expect the exact opposite in the short term ... do not get sucked in to the longs unless we have some very good news to go long , scalping yes , long term positions be careful it may be prudent to wait and find a better entry point lower. We have had a great almost vertical runup , hopefully like me you have made some decent money , dont blow it by expecting the run to continue without some retrace , i think 8800 is achievable , take care and make a plan.

    Cheers CdM
 
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