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- Didgeridoo commented Apr 2, 2015
100% agree with you. I also feel that the RBA won't lower interest rates. WHY would they? There is no compelling reason to do so.
- Didgeridoo commented Nov 23, 2014
If everyone is buying USD that doesn't always mean it will continue strengthening (mind you, I hope the situation is as easy as just "buy USD").
- Didgeridoo commented Nov 1, 2014
Australia exports coal there ( China seeks to impose tarriffs on these imports )
- Didgeridoo commented Nov 1, 2014
Good points, PA. Technically, it's range bound. RBA may wish to prod through current supports (on Tuesday), to get AUD dropping towards their targets - IMO.
- Didgeridoo commented Nov 1, 2014
True. Australia's economy really seems f'ed. AUD/USD is absolutely bearish - but, it is right at support. A break on Tuesday may see it sink like a brick.
- Didgeridoo commented Sep 10, 2014
Yes. If Scotland departs, GBP will most likey lower.
- Didgeridoo commented Jul 25, 2014
Nothing is permanent, everything changes. The key, I believe, is to roll with it.
- Didgeridoo commented Jun 9, 2014
You mean: trying to be rude.
- Didgeridoo commented Jun 9, 2014
Well said, Spinozagr.
- Didgeridoo commented Jun 3, 2014
well said.
- Didgeridoo commented Jun 3, 2014
Price is not moving as freely as yesterday - when building approvals data disappointed. There's no smooth trending pattern today. Could be lack of volume, but IMO the RBA has been successfully vague.
- Didgeridoo commented May 20, 2014
I think markets are getting saturated these days. I don't think it's a definitive trend reversal as yet, IMO. I think the trend is just taking a breath. But, there is an increasing risk of trend reversal down here, no doubt. And it does seem that ...
- Didgeridoo commented May 20, 2014
It rose beforehand. Then (IMO) got flooded with HFT's - which led to it collapsing 'under the weight'. It may yet rise (but probably not past it's daily high) - all IMO.
- Didgeridoo commented May 13, 2014
In this market, doesn't matter which way you go, but where you do it.
- Didgeridoo commented May 6, 2014
I think everyone needs to decide things (ie strategy, money management, acceptable profit levels etc) for themselves. If you can make more money with less, (and good traders can), then what others say / think / percieve is immaterial. ie no-one gets ...
- Didgeridoo commented May 6, 2014
Right now, PA = indecision. PS. Glenn Stevens looks like something out of Star Trek (the original series).
- Didgeridoo commented Apr 3, 2014
to me - no further easing means jpy may strengthen a little (IMO)
- Didgeridoo commented Apr 1, 2014
Jeepers. It's like Elliott Ness going after the mob at the moment.
- Didgeridoo commented Mar 25, 2014
Talk is cheap. Means nothing.