EUR/USD and AUD/USD Shorts Opened

November 11, 2008 21:41 by Jon

My short order below the symmetrical triangle on the EUR/USD and my short anti-hedge order on AUD/USD were both hit today.  Both pairs dropped quickly early in the day, but have retraced a bit in recent hours.  I've moved my EUR/USD stops to breakeven, so it is now a risk-free trade.  My AUD/USD trade, though, is currently negative, and never went positive enough today for me to move my initial stops to breakeven.  Both halves of my GBP/JPY short position are also still open, and I've been able to lock in some nice profits in that trade.

Hopefully we'll see these pairs continue their moves south overnight.

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January 6. 2009 15:29