well i have just taken a position again...., page-8

Indeed good work MistyRains!

I went long, myself at .819 this morning, based on MACD 5 min divergence, a high expectation of OKAY gdp figures, and an observation based on that analysis work I did on the weekend, that the initial reaction after an RBA decision seems to follow on to the next.

I am looking for a profit target of around .85, as per the analysis again, and as per discussions with Phil and LesPaul on another thread.

I currently have taken off small profits to satisfy the money monkey, and have a slightly better than break even stop on the rest of the position at .82.

Hopefully i can let the pos ride for a day or two, but I am a nervous beast at best, with a few memories of pain trying to battle pair volatility in the past on FOREX.

Big ups to you all.

;)