Making an informed decision about the platform to go with 12 replies
AUDUSD Pattern 12 replies
25.000 AUDUSD position.. Value of roll over? 0 replies
AUDUSD 7 replies
DislikedAhh no mate, if i had been on early enough to see it had hit previous support around 1.0569, a short fib target at 1.0563 and 19.1 fib support at 1.0552 in nice confluence together and bounced, i would have been in for at least 100 to fib resistance around 1.0664 where it paused, or perhaps till 1.0687 previous resistance where it is now and may yet continue, so i would have been pretty happy with a 100+ pip trade actually.Ignored
Dislikederm..
do note that the NAB target is a forecast and it is throughout the year..
There are still many uncertainty and unknown which we will not know what will happen in the future..and thus it serve as some position for certain traders but not all.
Portfolio:
Still holding my two Long -
1.0790
1.0478
We should see some up side of Aussie after the monetary statement report for a rate hike near Jun.
Unlike others - Citi cited that they see it as 2 rate hike possibilities - one in June/July and one in Q4.Ignored
DislikedHe he he 2 rate hikes this year.
To be honest would not surprise me knowing past actions of present RBA puppets.
Having said that, once supposedly the RBA has raised rates twice my gut feeling is telling me that the rates will come down much faster and in bigger steps, some how ..
CheersIgnored