AUD 16:10
AUD pushing down from the 5-day 50% level and hopefully it continues down.
but this pattern normally has buyers appearing.
Stops trailing 67.37 +16
And holding for a down move...
Hedge trade..... if AUD swings up then i'll be long Euro..
If Euro fails then a good chance AUD will continue down.
so far Euro failed...
EURO:- long 1.2727 stopped 1.2718 -9
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FOREX 17:00
AUD has continued down and moved trailing stop to (.6727 + 26.)
If my trailing stop hit it will result in an R41 HOOK bar over the filters which can result in more Buying upwards....
