RBA met and decided against YCC.
Aussie is a tough read. I looked at AUD/JPY, EUR/AUD, AUD/YUAN and I can’t get a good read.
At least I can’t get a look that would entice me to do anything.
Crypto is king this A.M.
Natty is being bought against Oil. Risk to trade Natty is last nights low, its 50 DMA.
Note to room members;
I am not omniscient. If you don’t speak up about what you are doing you only have yourself to blame.
The room is about process and trade location.
If you get out of step with the market I’m pretty good at getting you back on track.
Do not let yourself get sucked into the look at em go crowd.
There is a lot of wisdom and experience in the room. Reach out and someone will be a sounding board.