Got the spike took 90 pips closed at 1.0800 then took a short. I'll buy at 1.0750 expecting a decent bounce there. I haven't seen any reason to short the AUD long term I was actually thinking a re-test of 1.10 is very likely. It might reverse a few months from now we'll have to wait and see what...
If your not trading the spike with a software you need to be careful with just entering late. Also if the market breaks below pre-release price like this one did you might want to kill the trade instead of just holding it. It hung around for awhile up there before falling so you had time.
As...
I am looking for some kind of audio for this release found nothing as of yet.. I also would appreciate a link if anyone knows of one.. already in sells pressure looks to be down breaking 1.5650-30 area now have a feeling GBP will be way down by morning.
? you mean 100 pips no big deal there plenty more entries to come. And 84.80 is the the main low from 11/27/09 id watch that area if it can get back but that will depend on NFP... crosses look good for a breakout to if the Jpy does indeed bounce up like it looks like, watch the gbp/jpy and...
If you don't have a ton of money to get bloomberg you need a program like SNW and there are others as well. That is your only chance to catch the spike no website is going to give you the numbers in time period. These days you basically need the program to click you in mili secs. after the...
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