I hope today AUD/USD bullish after resistance. Any suggest for short or middle term trade ?
thanks
thanks
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Dislikedright before aussie data i know it ain't much, but i'm adding to them not making $1000s a day like some of you guys.. but hey ill be there one day rode it down from 50 this morn, was a nice ride with lots of chop from FOMC which i scalped too over 100 pips today {image}Ignored
Disliked{quote} 1000's that's nothing.. ol' Warren Buffet made 37 million a day or so last year.Ignored
Dislikedright before aussie data i know it ain't much, but i'm adding to them not making $1000s a day like some of you guys.. but hey ill be there one day rode it down from 50 this morn, was a nice ride with lots of chop from FOMC which i scalped too over 100 pips today {image}Ignored
Disliked{quote} The pair has been ranging inside a downward channel, so hopefully this rally will be a small short lived one. I'm risking all my profits form earlier today on shorting this pair again, I'm in at .8898Ignored
DislikedAUD - November building approvals in at -1.5% vs forecast of -1.0%. AUD - Retail Sales for the month of November in at 0.7% vs 0.5% forecasted. Building approvals down, actually good for Australia as the RBA does not want to fuel the housing bubble. Growth is up in retail sales showing that the local economy is strengthening and still feeling the effects of the RBA's last round of rate cuts.Ignored
Disliked{quote} lol i wonder what the largest retail/personal trader has made (only managing own net worth) hedge funds its much diffIgnored
Disliked{quote} Disagree with your assessment and economic theory regarding the Building Approvals data . A higher number would potentially increase supply in the housing stock (thus dampening demand a little) and supports jobs in the construction industry and further down the track enhances retail sales with household purchases of furniture & whitegoods .Ignored
DislikedJust thought I'd drop by and let you all know the carry trade will revive between 87xx and 85xx Probably 85xx. get those pips baby (I got long 8900 in September..posted in this thread.. I kinda know what I'm doing here,)Ignored
Disliked{quote} No large shorts will happen until at LEAST October, my thinking is probably more like November at the earliest though. We might even have to wait until 2014 for this to finish correcting/consolidating.. and then maybe can go to 8500 or 8300 or 8100 (will be easy to tell if fundas confirm techs --- RBA is very transparent)Ignored