jessi061

Surprise Short Of GBPAUD

Short
OANDA:GBPAUD   British Pound / Australian Dollar
Overall was a downtrend market just made some upward move which could probably be the retracement of the earlier bearish trend?! The golden SMA (3-month avg) is acting well as a dynamic SNR and if it did hold price then this pair gonna act fakeout and fading the breakout will be a good option. If our sterling babe doesn't wanna continue to travel with us in the journey of the uptrend (as she has some fundamental doubt within her) why not we take a ride in Aussie babe as it seems more stable then sterling babe?! There was some report out for our Aussie babe earlier where import, export, and trade balance were fine and better than the consensus. Last time the interest rate cut of USD was in favor of it ownself as if everyone was happy with the cut as it might have helped some asshole non-commercials as the cost of money was lower (borrower could be ease). If that would be the case of our Aussie babe today than it would help us to bet the farm in Aussie babe! CCI was shifting toward hell from heaven so, the momentum wasn't in favor of the buyers currently and the sessions were dominated by the sellers. Don't wanna type much just be careful with the economic release later and have care watch on CCI momentum shift which if it stays in favor of the sellers that will be good for us to have faith and hold the short. Also, be careful with the sentiment changes later on the day if supply didn't occur after those all reports and also notice if the price action didn't shape as the report showed. If you get some fishy with the Aussie babe then be sure we have well risk management plan and if she gonna act as gold digger staying out of this bitch gonna be sound decision lol! Cheers! :D
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