DislikedJust thought I'd come in to say that recently, my well-to-do peers who aren't active traders/investors are contemplating buying the AUD.
A sign to me, that dumb money is entering the market and would be an indicator for position traders like me that a top maybe forming.
I'm contemplating moving some money into the CAD but will still be playing AUD depending on the price levels. Happy day trading you guys!Ignored
Just exactly how much money will leave the AUD? I'm not sure, most likely significant move down for the dumb money to capitulate before they return but my AUD/CAD is doing great so far.