AUD/USD: Cutting long position due to lack of activity

I’ve been long all week and the market is 30 pips higher! My general market timing has been very poor in recent weeks so I’m exiting this trade and will reassess. This is a ‘hope’ rather than ‘conviction’ trade and they usually turn sour in my experience.

I’ve really got no strong views so back to watching the market and hoping for the lights to suddenly come on.

Leave a Reply

Your email address will not be published. Required fields are marked *