AUDUSD: closed long and reversed. +40 pips

8.15 bst

The AUDUSD is sitting on the edge of the TL so I hesitated a bit before taking the signal, but it’s now moved a little more clearly down.

Out here at 0.9683, for +40 pips after being up 100 pips at one stage! Well, we should not try to micro-manage and optimize each trade. It plays with the head. Just follow the rules and once in a while we’ll get a big whale of a trade, while most others will make a small profit.

Now short $10/pip AUDUSD at 0.9683. SL around 0.9650.

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