Thank you Vicky and Josh,
I really appreciate. I have not traded AU but was tempted. However I also feel that it is too early to long AU. Last nights CPI did not really do anything for the AUD. USD is exceptionally strong at the moment, which I stated in my own post 17582 at the bottom. The US is pretty much the only economy that throws out positive data atm. What I have learnt from you two now is that I am still giving a bit too much priority to the technicals. As I have not traded it ...it was a free (non costly) lesson :-)
Cheers to you both
Jester
I really appreciate. I have not traded AU but was tempted. However I also feel that it is too early to long AU. Last nights CPI did not really do anything for the AUD. USD is exceptionally strong at the moment, which I stated in my own post 17582 at the bottom. The US is pretty much the only economy that throws out positive data atm. What I have learnt from you two now is that I am still giving a bit too much priority to the technicals. As I have not traded it ...it was a free (non costly) lesson :-)
Cheers to you both
Jester
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