hmmm I dont think it has hit a 512 pip rally from what I can tell. I cant see my charts but according to yahoo finance it is about the same as when I left to work. Just enough to close the gap from friday and retest fridays low. Candles this morning where showing some rejection so I went short again. As far as I can tell my short is still alive but not doing much. As far as I can see I think you ment it rallied 51.2 pips. Thats more realistic. I have never seen the Aussie rally 500 pips in one day in the few years I have been trading it and somehow I dont think today is going to be that day. Price currently 1.0190 so getting closer to my stop but not quite there yet. My stop is resting above the 1.02 figure. In case the break on Friday was a fake out I am covered. Knowing my luck it might just tag my stop then go back down but hey it is what it is.
If you do not help us noobs we will grow.