Volatility and Trend are My Two Gauges for Trading | DailyFX: "Carrying forward my positions, I still have my EURAUD and GBPAUD shorts as they slowly play through on their head-and-shoulders breaks. The Aussie has wavered recently, but it hasn't confirmed a bullish break of recent channels. I'll keep my stops trailing though. Also, my longer-term (and lower leverage) USDCHF and AUDNZD long positions are progressing. The former is in the red with the euro's rally, but my doubts about EURUSD and the EURCHF 1.2000 floor offer strong support. My AUDNZD long is in the money, and I'm monitoring yield forecasts for the RBA as the market tries to divine the first hike."
'via Blog this'
