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stkjunky

07/31/13 1:00 PM

#120633 RE: Qui-Gon Kagi #120632

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.