[RT] Aud (September)

["EAdamy" <eadamy@xxxxxxxxxxxx>]

Sue,

 

I've been watching the AUD for a possible trade. Attached is December daily which demonstrates why I hate trading initial breakouts. Clearly, the break above the green TL appears to have failed and On Balance Volume failed to show accumulation into the breakout. That presents what I suspect might be a more profitable opportunity to short the failed breakout on a break of the "handle" at 7547. Naturally, would trade the December.

 

Earl

 

 

-----Original Message-----
From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx]On Behalf Of sue crew
Sent: Wednesday, September 06, 2006 7:19 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Gold (December)

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