The Panthenon Investment Group

I was getting bored and so decided to do a quick scalp; decided on the AUDUSD as it technically was looking good.

I Short AUDUSD at 0.9273 and was stopped out at 0.9288 for a trading loss of 15bps.

I saw the opportunity again an hour later and Short AUDUSD again at 0.9276 and this time I squared at 0.9260 for a trading profit of 16bps.

I was one and made on the other, I was all squared; no win, no loss.

I guess we need to keep on trying to sniff out potential trades, we can’t win all the time and we certainly won’t loss all the time either.