I am still trading and watching the markets. However, I didn’t find anything interesting to post on the blog, that explains why the lack of post last week. However, you can always follow my tweets.
Anyway, I tweeted yesterday about going Long with AUDUSD and AUDJPY. I am still holding the positions. Here is the chart of AUDJPY. Do you see something interesting here? As usual, I love to go in to test the support zone. Let’s see.
What do you think?
From the desk of Tradergav.com
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About the trade I mentioned, Chart of the moment: $AUDJPY 09-Feb-2010 http://bit.ly/dpSBkK
Chart of the moment: $AUDJPY 09-Feb-2010: I am still trading and watching the markets. However, I didn’t find anyt… http://bit.ly/aBaRnu
[...] This post was mentioned on Twitter by Trader Gav, John Adams. John Adams said: Chart of the moment: $AUDJPY 09-Feb-2010: I am still trading and watching the markets. However, I didn’t find anyt… http://bit.ly/aBaRnu [...]
RT @tradergav Chart of the moment $AUDJPY 09-Feb-2010 | Gav's trading blog http://bit.ly/cY6ixP
There's a lot of crosses that have moved very quickly to long term support. If the eurozone can unf-ck themselves, we should see support hold
They won't, and if the will, it will take a long time. So I would advice to don't support hold.
Tim ~
I can see the strong support around 76.34. The long position would be a nice inside day play. But watch out the strong resistance around the 200-day ema (79.30)