Spiga

Missed Opportunity - EUR/AUD Long

This was one trade I was looking at today, and I had an opportunity to buy. All time frames showed blue, and the price was in a pull back mode. So it was a good time to buy as soon as the trend reversed. But I never did, and I just missed out on a easy 300 pip move. :(

Oh well. Live & learn.

Update 03-16-08 9:30pm:
Extreme volatility in the markets have caused the Euro to move up by almost +500 pips against the Aussie dollar. In fact, the Aussie & Yen have been extremely weak against other currencies due to the new from US financial markets over the weekend.

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