2012.07.09 DAILY RAT REPORT
AUDUSD triggered a RED RAD REVERSAL at/near the weekly open.
The previous week's low, was a potential target or area to move the stop once penetrated.
PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
Hi FX Rumpole
I can remember you want to "drain the banks" which might take awful lot to do - even though they are in massive trouble ;-) - but tell me - are you purely a "red rat" or a "green / blue rat" ?
Also I can never understand the fact that the markets go both up and down in direction - why would you decide to stay with only one direction. Please don't say because you have "better odds" because that can be proved incorrect ?
Have a great July
...and we come full circle