nakedchartist
Short

AUDUSD Simpleton short on rally

FX:AUDUSD   Australian Dollar / U.S. Dollar
Never think that the trend is over until it is over. I may be wrong on this but as I have been thinking to go long on USD for every week since 8-9 weeks ago, even if I lose this i only lose 1 out of 9 weeks.
On the other hand, pplewho keep thinking of catching the falling knife have been wrong for the past 8-9 weeks!
It does not pay to go against the trend,
Hence I am thinking simple and choosing to go short on rally.
retracement do not seem friendly for shorting. I have some positions otm , will assess to cut or hold.
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