Noice — Nice, I have a short order in at arond 4700

The System II (Yes with irony)

Hmm — I just got back to desk and noticed it has gone down pretty fast, closed out at -15. Now what does the bugger want to do?

The System II (Yes with irony)

Aahhh — They are playing Grinners (grinspoon) on the radio, awesome to trade to Right we have aussie home loans in an hour, red flagged news, Lets try get into a position of safety before the news kicks in and see what the news does to AUD.

The System II (Yes with irony)

Quick toe poke — Price shot up to a quick +6 pips, not a lot but its what I expect from a bracket breakout in TKY open, shows we have some sort of intention in the market to move. lets see what she does from here.We got to form a pullback any ...

The System II (Yes with irony)

Pingpong — I would never ping pong around TKY open. But good luck, might be good, might not, time will tell

The System II (Yes with irony)

Long — In long from 1.4729 blue triangle is my entry point. Lets see what she does now.(pokes his toe in the water)

The System II (Yes with irony)

Normally around TKY — Normally around TKY open which is two hours from now (10:30am Sydney)

The System II (Yes with irony)

Morning all — Good Morning, welcome to Asia trading session. Lets see what today brings us (if anything)

The System II (Yes with irony)

Okay I got you — Okay, I closed out, good idea we currently dont know what price is doing at the moment. Unfortunatly that is me until tomorrow. I have my mother flying into Sydney tomorrow morning and I promised the wife we would clean up the ...

The System II (Yes with irony)

Not out of the clear yet — Good Morning FX, I am not out of the clear yet, next hurdel is 1.4720 as somone would say Although I have locked in +21 so it feels a little safer. Not sure if that was right thing to do but price did hit +40 and ...

The System II (Yes with irony)

Heh — I am trying to figure this out,. I am really bad at riding runners so trying to work hard on it. This whole thing was a run and I ended up taking a short in the middle and losing 17 pips of the run. Would be nicer if I didnt have to go ...

The System II (Yes with irony)

Locking in — I am going to move my SL to +21 to lock in the profits there. and now will follow.

The System II (Yes with irony)

Nice — Rate change was .25% in aussie and pushed the EU over the edge , that was actually a safe play because there was no WAY in hell the RBA would ever drop below 3.00%, so it was either up or stay the same. It affected EU enough to push ...

The System II (Yes with irony)

No idea — I honestly have no idea if the AUD rate announcement affects EU. I can imagine it would just purely on the USD side of things but how much, I dont know. So I guess we will see. Never traded Asia around AUD rate announcement. Maybe we ...

The System II (Yes with irony)

new FCR — We now have an FCR at 4687. I am stll long , the HH is back at our favourite 1.4700 level (well 4710 to be exact) a major area of Support/resistance. Still long and will see what price does around that level if we approach it again.

The System II (Yes with irony)

At risk — At risk of actually making this winner into a mediocre +10 pips, i am going to play this properly as much as I can. Waiting for new FCR to form to move my stop. Unless this moves drastically downwards I am holding this long until FCR ...

The System II (Yes with irony)

Hmm — I am on +35 already. lets see how much this thing wants to run.

The System II (Yes with irony)

FCR — Right the short was stopped out. The long was entered on the brake of the top of the bracket, currently SL is now at 1.4675 (entry point) which is under FCR . lets see if it continues for the run.

The System II (Yes with irony)

Yip — Except I am short already at 4657, SL is above the bracket, if it holds great for me cause right now iits not looking good.

The System II (Yes with irony)

Closed — I closed this at +4 instead of waiting for SL to hit.

The System II (Yes with irony)