Cloud-Trader
Long

Interest Rate Decision Today...Should Be Interesting

FX:AUDUSD   Australian Dollar/U.S. Dollar
105 1 5
My thought is AU             long; however, I am running a very tight SL (small account & can't risk too much).
For now price is above the cloud, tenken is above kijun, kijun is running a little flat but since it lags a bit I'm giving it more time, and chikou is in open space, and future cloud looks a little flat but still to the upside.

Interest rates get decided today so this will either make me a ton of money, or knock me out of the trade super quick (especially if they go SL hunting).

All in all, I'm anticipating long.
Update: rate decision was put on hold by aus govt; price rose for a 42pip gain from my entry. Trade was closed. Waiting for a good pull back to potentially long it again.
No further posts on this trade.
Cheers.
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