G'day Winkinatcha thanks for your detailed reply.
The light trade has slowed some things down but very hard to follow trends.
Aggressive trading currently has made me feel like a fool. I trade on knowing that the next year brings trends.
I looked at a 1 hour for the cup and handle and see .65 as a big handle. The AUD lagged the current movement and unless they come back, the handle is small imo.
Currently my thoughts are to long the AUD on stops and watch gold and EUR:USD for drops.
I feel the AUD will hit .70 and then follow the world against the USD.
I am trying to forecast because I have to set orders to trade whilst at work or sleep. The action seems to be late at night when london starts. Trying to plan to get up early to trade.
Trading and HC have been very addictive.
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