Short AUDUSD @ 0.9249

7.03 gmt

Just entered a new short AUDUSD @ 0.9249, SL at 0.9305.

As usual, Monday morning markets are wary, waiting for direction. I won’t be surprised if AUD makes another attempt at 0.93. If that attempt fails it would be a great level to short as we may see below 90 on the next test lower.

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6 thoughts on “Short AUDUSD @ 0.9249

  1. Daniel

    Good to hear about your great result zen. Keep it up šŸ˜‰

    I’m in the same opinion as you with regard to AU, still prefer the short side considering that Eur Aud also looks to be bullish, and Aud Nzd continues to drop. Still think that the best pair to play Aussie bearish is through shorting AU although it might change after Wednesday FOMC

    Level wise, I think 9330 is equally as important as 9300 as the temporary breach on CPI last week stall just below 9320. So I plan to put my SL just above 9335 level and prefer to enter closer towards 9285/9290.

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    1. ZenFXTrader

      Thanks for this TS. I love the cello (my daughter plays it). I have recently discovered this Croatian duo called 2Cellos, young guys in their 20s. They play modern pop/rock pieces on their cellos – amazing sound and energy. Their version of Michael Jackson’s Smooth Criminal is especially great.

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    1. ZenFXTrader

      Thanks Colin. I don’t use stops, I just monitor the market and get out when the pair reaches a key level and the price shows loss of momentum or some reason like that.

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