DislikedTotally agree DB. We only have to compete with ourselves.I have a short bias at present. will revisit 1.0440 zone ???Ignored
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DislikedTotally agree DB. We only have to compete with ourselves.I have a short bias at present. will revisit 1.0440 zone ???Ignored
DislikedEvening all, I have a short on the Aussie and happy to sit and watch for now. I got in fairly high Friday night so we'll see how it goes with London timeIgnored
DislikedIf any of this is true, then it will only be a matter of time until we have the Great Aussie Bear run. which will take the pair well below parity, because without China there is no real Aussie strength and the interest rates that makes it such a good carry trade will be gone.
http://www.forbes.com/sites/gordonchang/2012/08/12/china-is-running-out-of-money/Ignored
DislikedIts an interesting story this Gordon Chang has written, but as one of the comments states, he has said this in the past and nothing came of it. Australia and New Zealand trade heavily with China, so if the major companies in China are Indeed reporting big losses, it doesn't bode wellIgnored
DislikedRobot Trader, saw same article and confess I don't understand how a country runs out of cash when they have their own currency. Can't they just print more?Ignored
DislikedHi Guys,
Me too trade AUD along with few more pairs, swing style. Watching this thread for few days, Do I have permission to join you all.
Thanks,Ignored
DislikedHi Guys,
Me too trade AUD along with few more pairs, swing style. Watching this thread for few days, Do I have permission to join you all.
Thanks,Ignored
DislikedHi Guys,
Me too trade AUD along with few more pairs, swing style. Watching this thread for few days, Do I have permission to join you all.
Thanks,Ignored
Dislikedto me the dip has been done,its bouncing from sma 200 on H1...added another long @ 38Ignored