DislikedIs that a recorded interview from 2010?
For 2011, the average AUDUSD is way above 1.0200.
The point is that, these economists/strategists/traders etc are just voicing their sentiments contrary to the fact. Fact is, AUDUSD is beyond "their fundamental outlook". I've been short AUDUSD and look where it got me? squat breakeven.
Bottom Line: I am fed up with these so called Fundamental Views even though I am a fundamental trader. I will henceforth trade AUDUSD according to what the real money is dumping and it is seen through the chart. Problem...Ignored
and yes.. i have been burned more than once in the past 3 months sticking with my "fundementals" as well. in fact, I am venturing more into aggressive s/d trading while [trying to] completely disregarding news and fundes. it is starting to serve me quite well. it has become immediately apparent to me that this is a far more versatile method of trading. i am pretty new to it so I do miss trades here and there (like today with the 0380 zone on the aussie).
just need to keep charting and practicing.
Any prices quoted are futures