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Re: Qui-Gon Kagi post# 120632

Wednesday, 07/31/2013 1:00:52 PM

Wednesday, July 31, 2013 1:00:52 PM

Post# of 140146
Qui, remember, the trend is your friend.. You will be a better trader if you stick with the BIG trend when entering trades. Need to look at this weeks fundamentals on the AUD to understand that a reversal is unlikely here & now. The miss on the housing numbers for the AUD was HUGE a few days ago. The A/U will likely have to settle out for a period of time before I would switch from sell to buy.

The e/u is trending better than the A/U right now for a mid term reversal kind of trade.

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