I’ve skipped Thursday posting since nothing significant that I haven’t said before has happened. After morning losses, I’ve managed to finish a day break-even (+3pips!). Friday – my AUDNZD long got stopped @1.252 leaving me thinking about a second option (from my previous posts) that AUD may test 1.22 area if channel support becomes resistance. There is small resistance in 1.24 but do not expect it to hold considering kiwi monstrous July performance...
I have also tested some overnight scalp strategies on euro that failed miserably so lesson learn: do not scalp while sleeping!
As mentioned earlier, much of the technicals may be flushed down in toilet due to inability of US putting down any sustainable plan considering its debt. There may be carnage at Monday and Tuesday on all markets but that remains to be seen. I’ve left no open trades over the weekend.
Good luck everyone - we need it @ Monday.
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