Friday, 7 May 2010
The final deal
God what an evening. Shall I repeat my manta?
Don't try and catch falling knives
Given that despite the euro being in horrendous trouble is actually gaining against the aussie it really looks to me as if the aussie is heading for a correction.
But rather than reverse my previous thinking with AUDEUR I have decided to go short long term on AUDUSD with a plan to just leave it
Sell AUDUSD Forward Sep @ 8730 (stop 9400)
My stop is at 9400 which is most of what remains of the tatters of my account!
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