what is going on, page-9

i trade FX for a living and have had a very exciting week.

the freaky thing is how hammered the AUD has had. My feeling are that it is still going to retrace, but not like we have just seen. USD/AUD high .6840 and a low 6428. so i see lower low with sideways contraction. Yet we will be a little directionless until USA open Tuesday night. Monday USA public holiday.

Gold will drop again, a good short entry being about the 900 level.

About six weeks ago i mentioned to my broker in Singapore about changing my trading currency from AUD to USD, IF only i had off.

Once again lesson must be, listen to yourself.