Nice scalp... 8)Jack said:It's going to be hard to pick this bottom so I'm still playing AUD to the downside for now on scalps.
(This was a bit more than a scalp, but only because we plunged down from earlier, so I'd want to look for some type continuation only with less momentum.)
Like you though, I keep eyeing the long.. for a swing trade I'm interested in setting up a very low leverage long position and see if we get a squeeze back up. But I suck at this kinda trade (multi-year lows seeing support, it's like not knowing where the floor is..) and I hold out for too many positive signals so by the time I'm confident to go long most of the move has taken place. :S
My interest will pick up highly if we touch 0.8850's within the next few days. (Again, we're talking a very low leveraged swing trade.)
And 0.90 is such a psychological number I can see price getting very choppy around it (and faking me out in the process should I try and fade a breach below) so I'd be hands off til it clears lower or rockets away. (Usually I love even penny numbers, especially 10 cent round numbers, since you can fade small moves past them for a clean scalp on the clustering of orders being built up around them... but not when we haven't seen the number in about 3 years, things could get violent..)
Nothing to prove when you trade.Ramy3 said:Lol, to much pressure for me. Will start entering too early or to late just to try and prove i am good/right. lol :\
eur out 7.8
i am done.