Stevens: The Australian Dollar: Thirty Years of Floating

Target AU 0.9200

No. Let's target 0.82. Aud has becoming toilet paper now.

talks some sense

Aussie is not toilet paper.. She just really overvalue.. kakakaka..

RBA wrecking AUD...

AUDUSD was looking to create a new high for the last 2 years(1.0700+ in Jan/Feb ,2012 and 1.0600+ in Jan/Feb 2013). It wanted to cross the 1.1000 area but was brought down. This is one pair that I believe is always a buy and buy.

You believe wrong trade what you see not what you believe in, and may RBA be on your side like Japan in terms of yen short

Then you are a fool.

The Aud:US$ is belongs at circa 0.85 for its own self interest and preservation. Sure, as a commodity currency it went about 1.00 on the back of China and resource mining, but that was very unhelpful to the country retaining its status as a safe and prosperous nation.

I'll repatriate my profits back to Australia when it goes down to 0.65. My guess is that will be in 2-3 years time.

The RBA is committed to a weaker Au$. Notions of it getting to north of 1.00 are the day-dreams of a novice. At 0.85 it will find a happy place for the nation, exporters, and employment.

Then you are a fool.

The Aud:US$ belongs at circa 0.85 for its own self interest and preservation as country relatively unscathed by the GFC.

Sure, as a commodity currency it went above 1.00 on the back of China and resource mining, but that was very unhelpful to the country retaining its status as a safe and prosperous nation.

There is no national pride to be found in a high AU$.

I'll repatriate my profits back to Australia when it goes down to 0.65. My guess is that will be in 2-3 years time, when the USA and its $=peso tanks the world economy with its debt burden and we truly see the global depression coming all our way.

The RBA is committed to a weaker Au$. Notions of it getting to north of 1.00 are the day-dreams of a novice. At 0.85 it will find a happy place for the nation, exporters, and employment, until the global depression begins.

You may be very right in what you say but right now that is your personal opinion. I penned down my observation and my trading strategy. I write what I do. And I am always long on AUDUSD. gained a lot of profit. I have never closed a trade in loss. Sounds unbelievable but absolutely true. My broker monitoring page will show 99.8% win ratio with average pips profit >200. A few shorts now and then in AUDUSD also gave profits no doubt .

99,8% win ratio? Who are you kidding?

Dancingphil has this absolutely bang on....I'd suggest listening.

Over my years of trading I've come to appreciate and respect those with their "feet on the ground" as.....you really can't get the lay of the land otherwise.

You read headlines, you look at charts fine - but you can't gain the perspective of an individual who seriously "knows what the people know" - of any given country.

Long AUD is absolutely ridiculous.

Spik : I did not want to advertise my performance on this site again as it might be against the forum rules but again I realize that "SEEING IS BELIEVING". The 99.8% winning ratio is totally unbelievable for conventional traders. To add to 99.8% win it is not scalping but a trade plan/ trade strategy with an AVERAGE profit of over 200 pips. Again I am posting the link :

http://www.hawkeyes.biz/

Click on the banner (PAMM 90331) on this page which will redirect to broker webpage monitoring. Click on the 'ORDERS' tab and check all the orders. Total trades closed is more than 1000 ( all closed trades displayed after a time gap) and loss trades is only 2 (loss of less than 1 pip each trade). This monitoring is directly on the broker website which cannot be manipulated. If this satisfies your doubts then fine else your not believing does not make a difference to me or my trading strategy or my profits.