Trade of the day 08-June-2010: $AUDUSD Short

I shorted Euro and Aussie dollar again today. Both worked out nicely. Here is the $AUDUSD short trade. I liked the rejection of 82 cents, and the struggle of the price action around yesterday's high. It was a pretty obvious short to me.  2 profit targets were taken, and last portion is trailing.

Here is the CHART.

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  1. Gav (Trader Gav) — Trackback
    Trade of the day 08-June-2010: $AUDUSD Short http://bit.ly/bS4tFO
  2. John Adams — Trackback
    Trade of the day 08-June-2010: $AUDUSD Short: I shorted Euro and Aussie dollar again today. Both worked ou... http://bit.ly/dxgn6J