I know that I said I was going to hold my aussie dollar position long term, though well I’m a chicken and I got greedy, after it suffered for a day it has finally climbed again and well I was just too much of a chicken to not take the profit while it was there, so I cashed out for $300 or so. What makes me happy is that for once my balance is ABOVE where I started!!!
I was a little bit scared because of the book that I’ve been reading about candlestick charting, I saw a fairly good hanging man coming up and I didn’t have the bank to wait for confirmation (which is probably rather stupid on my part), I think I’m also seeing some resistance just a little above where I went long before (at least on short term charts, see below).
I may open another small position on it to see if it actually does work medium term.
