Thursday 27 May 2010

The end again

Looks like I've really gone an done it this time. I knew there was the potential for a rally but I didn't want to reduce as I had done this before with the AUDUSD short and regretted it. Far too much on. I get the feeling this is a short covering rally but could easily turn into a full blown actual rally. A full rally could create a head and shoulders set up, but it will be too late for me by then.
Another rally in Asia and I'm finished.

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