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Result Advice #8; Several good short term trades

If you got in on some of the Euro Aussie Range, good work. If not I hope you learned something about how to spot channels and dedicate your trading to a strategy. This is also a lower risk per pip trade than some others. We're still in the channel, but the chart is looking pointy on the end and sitting smack in the middle of the road. I'm going to hang this one up for now, maybe look at it again tomorrow afternoon.

Here's a Riddle;

Why did the euro cross the pond?

Give up?

Ok - ... to get to the under side of the World. Get it?

Ok bad joke, but it lends some light on the strategy of traders who like to bid the eur/aud and the eur/usd up. If you're going to play one major cross, (eur/usd) - it makes sense to hedge the other minor crosses (aud/usd, eur/aud) back into your home currency, whichever that may be.

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