Monday, April 13, 2009

Bullish on AUDJPY

At the moment things are looking bullish for the AUDJPY.

I popped in another small position a few moments ago and so far it's been north from there. If things turn around I'll wait for a good low and then play the game where I replace higher longs with lower longs.

Obviously, though I don't expect another huge currency collapse, I'll still have to play it cautiously. You never can tell what might happen.

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