Golden glow?

[comfibold]

The AUD seems to benefit when the price of gold rises, so it's time for me to get on board. Here's the AUD/USD buy order I've just placed:

Buy: 0.9395
Stop: 0.9340
Limit: 0.9505


Risk/reward is good at 2:1

P.S. If this order hasn't been triggered by the end of trading this Friday then I might cancel it and look elsewhere.

[comfibold]

Well, my trade was triggered and the price is now o.9432. That's a rather useful 37 pips profit Normally I'd let it run, but sentiment can change over a weekend, so I'll take the money and move on to my next trade.