Everything is impermanent

This is just a diary of my market views and not recommendation to buy or sell anything I mention here.

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Tuesday, July 26, 2011

Fate of Commodity Currency AudUsd

Shorted AUD/USD @1.10.
ST target: 1.05 (500 pips from here).
Very LT target: .83 (2700 pips from here).

Posted by Deej at 9:39 PM

Labels: aud/usd

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Favorite Quote

“I believe that the public wants to be led, to be instructed, to be told what to do. They want reassurance. They will always move en masse, a mob, a herd, a group, because people want the safety of human company. They are afraid to stand alone because they want to be safely included within the herd, not to be the lone calf standing on the desolate, dangerous, wolf-patrolled prairie of contrary opinion.”

- Jesse Livermore

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