18 Des 2007

Overnight Trading

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As I live in the eastern timezone, I get to trade overnight prior to the NY trading session on the next day.Last night I was able to settle some AUDJPY positions around 96.7, 96.8 or so. At the moment these are nicely profitable while the DOW futures are simultaneously positive.As far as I can tell, the US trading day pushes around the AUDJPY based on stock market movements. By this, I mean

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