This pair continues to reverse dramatically on it’s year long downtrend, and normally I’m not a trader who picks tops or bottoms but with such a turbo-charged turn around I have opened 10 micro lots @ 1.4450 for a long term trade perspective. My historical data goes back to 2001 and this is as low as this pair have been since then. There is a rollover disadvantage to this pair when your buying, but with proper MM this is not really a problem.
When trading it is important to diversify your trades and have some longer term positions in your portfolio. For example I still have an open position in gold from this time last year and I also held a long AUD/USD trade for 9 months in 2009 which was one of my best trades ever in terms of pips. What these longer term trades do is smooth out the losses of your intraday trading over the year and provide a financial cushion of security.
Anyway, I have stayed with this pair this morning as I believe it still presents the best probability, and grabbed another 200pips from the overnight range breakout.
That’s me for the week, happy to walk away at this point and not get tempted to over trade and give it all back to the market. Hope you have a great weekend, it’s my birthday this week and my wife has bought me a balloon ride which will be a first for me…….. hope it’s not the last 
lol
Good trading everyone.
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