Trade of the day 09-June-2010: $AUDUSD Long

I like the way bears got rejected around 0.8210 area, which formed a nice short term support. I went Long $AUDUSD. 2 Profit targets were achieved, and I thought it would be wise to take some money off the table in front of 83 cents. Last portion of position is still trailing the market.

Here is the 15-minute CHART.

Comments

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  1. Casey Stubbs — Trackback
    RT @tradergav: Trade of the day 09-June-2010: $AUDUSD Long http://bit.ly/bWdJbN
  2. John Adams — Trackback
    Trade of the day 09-June-2010: $AUDUSD Long: I like the way bears got rejected around 0.8210 area, which f... http://bit.ly/cQXZde
  3. Sophia Todorova — Trackback
    RT @caseystubbs: RT @tradergav: Trade of the day 09-June-2010: $AUDUSD Long http://bit.ly/bWdJbN