You Are The Worst dot Com

I took a relatively ‘easy’ trade on the AUD/USD to capitalize on the sheer momentum of this pair due to the downtrend of the USD Index since its support broke to the downside from its 75.00 region. This trade simply took off on the 1-hr chart and I had exited due to the Average Daily Range being breached for the day.

Also took a trade off the daily charts on my favourite pair, EUR/GBP, as it broke out of its sideways consolidation range to the upside and as this pair is slow moving, it may take a while to materialize.

Another interesting trade taken albeit with a very small lot was on the USD/CAD pair. Similar to the Aussie, I am going with the theme of a declining USD to capitalize upon. The pair broke out of its sideways trading range to the down side and there seems to be no large support really for this pair until the 0.9000 region.

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