NFP Schizophrenia

NFP was a huge surprise, and though it is a bullish sign for the economy people raced to the dollar suspecting rates may be hiked much sooner than previously thought.

Stop was triggered at .9180 for +50 pips

I've re-entered at .9150 just now, with a stop at .9050

Hopefully, people have bought enough dollars already today, and the positive sentiment can return giving the trade some tailwinds. Also, I'm noticing a pattern that a lot of the AUD's action for the week is happening during Interbank trade, pre-retail hours on Sunday. Those crafty folks are getting the move and then sitting pretty while everyone else scrambles all week for 10 pips.

Have a great weekend!