AUD,NZD/JPY crosses/Trade Ideas

AUD/JPY: Time to book some profits

I find it very hard to trust any moves which happen in early Asian twilight markets so I’ve booked the balance of my profits at 81.30 from yesterday’s AUD/JPY longs and will sit back until I feel more comfortable with what’s going on in the market.

  1. Well I gave nearly 1/2 back on EUR/USD shorts so its 2 steps forward 1 step back, as usual 🙂 I think this whole EUR cross move is looking real so favour buying big dips EUR/AUD but patience needed. Think AUD/USD is worth risky short at current levels, 40 pip stops for move back to 10210ish??

  2. yes sean even I lost in the euro yesterday. looks real to me as well and I think it will not give that chance to buy and go higher and higher

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