10.18am
It sure takes lots of conviction to exit AJ with a small profit - after all the roller coaster ride. Having the belief that AJ longterm trend is down,..actually help buffer all the negative $$ for the last few days. It was a relief. I would hv left it alone but the 4hr chart shows price sitting on the 200sma. Decided to let it move up and then short again at a right time. Today's friday, I dun really like to trade on Friday..so will see how it goes on this AJ pair in the near future.
Gold in the 4hr chart is at oversold situaation,.. decided to move 2 lots long, with very tight SL. Potential loss $10. R/R 1:1.
Current order :
2 long gold
1K short AU
0.5K short GU.. my outlook in USD will strengthen for rest of today.
Cash 349, net 344.
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