Closed AUDUSD short and flipped long @ 0.8945

13.35 gmt

It looks like the Aussie is not going to test 0.8850 this week at least, so there will be some short-covering ahead of the week-end. I am closing my short and going long for a quick few pips before the end of today.

Closed AUDUSD short at 0.8945, +15 pips.

Now long $5/pip AUDUSD @ 0.8945, SL 0.8900.

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2 thoughts on “Closed AUDUSD short and flipped long @ 0.8945

  1. fxgai

    This is ringing my alarm bells dude!
    Is this a system trade? Is it worth trying to get a few quick pips with a 45 pip stop-loss on a Friday month-end in August?

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    Reply
    1. ZenFXTrader

      You’re right gaijin. This is not as per the system, just a lazy trade. All the points you mention are very valid – Friday, month-end, + the Syrian situation adds to the risk. I’ll exit it soon.

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      Reply

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