We’ve had quite a few comments today about picking the top and fading the AUD/USD move. We’ve had a good run shorting it but it could be times are a changing. It’s not definite yet but while the picture remains unclear don’t fight the trend. I ran this post in similar circumstances on the euro a couple of weeks ago and I think it needs airing again.
Why the urge to fight a trend?
Forget the price moves after that post, the post is about the psychology of jumping in front of a trend.
Fighting a strong move is a lonely and…;
