1 Nov 2011

Today trade

AUD/USD
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Today are big day for AUD - Cash rate or interest rate decision either cut or remain (no rate cut)

11:30pm

AUD

Cash Rate

And then watch out for the intervention by BOJ on USD/JPY.

AUD/USD open between 23.6 fibo line with 0.00 fibo line, so the chance to Sell are more realistic but with the NEWS today, need to be patient before opening any new trade.

Risky trade

I will target Pending order sell at 38.2 and above with tight stop.

I make open Instant Sell 1 minute before news came out, get at price 1.0527 .. and so far already lock the s/l on profit side. target price are 1.0420. Hope can reach.

GBP/USD

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Price open below 61.8 fibo line. still not enough to holding the Buy position.

Risky trade

So will make pending order SELL at 1.6091 with target at 1.6000 and s/l at 1.6111

Move lower the pending order SELL at 1.6082 and the order already open.

Already open and closed at +6 pips, after close then price move down. DAMN not my lucky day :)

EURO/USD

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On FA, EURO/USD are not good at the moment.

Price open just above 0.00 fibo line.

Will hold this pair till get the good view or signal appear to open new trade.

* Will also alert when BOJ do intervention, they buy through which pair because that will effect xxx/usd pair as well. When they buy through u/j all xxx/usd will down ..while if through e/j then all pair xxx/usd will up. That what happen on intervention before. So will alert about that carefully.