Forex Signal (Monday February 6, 2012 – 11:30pm EDT) – AU Interest Rate

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 the fundies bring.


OK...I just closed half of remaining short at 50 pips profit...1.0751. Still got a little for a run at a couple hundred pips if stocks tank.
 
I have closed my last AUD/USD (from 1.0830 level) 2 hours ago and is back scalping some short positions on the rise.
I am a little wary of this pair since the interest rate has been left unchanged....but would love to see it go to the 1.09-1.10 level where I can short and scalp the bejezzes out of that sucker ;)
 
Out at 150 pip profit. Closed the remainder at 1.0651.

I only wish it was always this easy....
 
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