Thursday's Bernanke Dive

Friday, January 18, 2008

Well, as per my previous post, Bernanke maintains his negative signal status.I'm happy to say I was trading the AUDJPY downwards today. I don't usually trade the downside, as I don't like the chance of being caught in a negative interest income position, but with Bernanke on the microphone, I just couldn't resist.I also had some very well behaving trend lines on the 1hr and the 5min charts.