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Difficult trading times! Crossing of 200 Daily SMA going on! Be careful

So yesterday’s trades STROBOT put on a CHFJPY that stopped 19 pips and AUDJPY long and NZDJPY long that went up 30 pips in about 8 hours each but then dropped like a brick on bad news stopping out with a small profit on each.

Not a brilliant day.

So I’ve closed off all my orders because of the AUD move that blasted pairs like AUDCHF down below the 200 daily SMA and we know what that means, we could be heading off for a long run somewhere bearish. The AUD bearish? Surely not!

So with no orders open we’re waiting for some trading opportunities.

STROBOT now has a mood “bored” means the markets are flat, “excited” means it’s moving! … right now we’re bored.

 

http://www.iwanttobeaforextrader.com

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