Chart of interest: AUD/USD & USD/CAD end 03-Aug-2007

I thought it was going down, but it did not.

I thought it was going to bounce, yet it did not.

That's my comment for Aussie dollar. I do not initiate position just yet. I would prefer to watch the price action a little bit longer. Overall, I am positive on Aussie dollar trend, at least for now. (You'll never know, I might go short tomorrow ;-) )

[photopress:audusd_daily03aug2007.gif,full,alignleft]

Here we go. How about some Looneys? I am tempted to go short. What do you think? Let's see how it goes.

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Dennis2007-08-05 09:44:00 UTC

Yo BK, I am glad that you have settled well in Melbourne and back to trading. :) The stock market has took a roller coaster ride DOWN. Looks like the bear has finally taken over the bull after more than 4 years. Got my own trading blog @ learn2win.blogspot.com. See ya!

Dennis2007-08-05 09:44:48 UTC

jest10812007-08-06 01:02:00 UTC

Hey, Nice Aussie trade you made last week. Im still short on the loonie but we have a noteworthy pin bar on the monthly. A possible trigger for retracement, but overall im with you on bearish sentiments with the dollar.

jest10812007-08-06 01:02:45 UTC

Gav2007-08-06 01:30:00 UTC

Hey jest, Nice to hear from you again. I am waiting for opportunity to establish short position on looney now. Let's see how it goes. Good luck.

Gav2007-08-06 01:30:54 UTC

Hey jest, Nice to hear from you again. I am waiting for opportunity to establish short position on looney now. Let's see how it goes. Good luck.

Chart of interest: AUD/USD & USD/CAD end 03-Aug-2007

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