And we,,,,,,Reverse!!!!

On June 1, we had a few posts anticpating a rally across risk assets...Shortly after, i put up updates, saying that the rally would continue a bit further, but that i would be weary of staying long, and to expect new lows soon. The time is now, to exit longs in my opinion, and enter short positions.

I will update some charts on the previous posts for ease of viewing the before/after effect, and just post the Aussie play here:  think this will be a beauty!! fingers crossed. 

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June 27, 2012, and  quickly updating this play. As expected. we hit 1.02 and saw a swift drop to below 1.00. We are now recovering slowly, but chances are the downtrend will resume..