Unlucky entry on this trade, unfortunate that Ben Bernanke shook up the markets quite a bit this morning... I think it could still go lower, maybe look to get short again at a higher level. Personally I like to give stops a bit more room with GBPAUD & EURAUD, they can have random swings.
yeah paul, chose this pair because i want to avoid dollar pairs due to FOMC minutes. however, realized that i could have been more patient by waiting to short into retracement, stochastics based on 4 hourly is too oversold.