Australia Labour Force | Forex Factory

  • Australia Labour Force

    From abs.gov.au Story is in PDF Format

    MARCH KEY POINTS TREND ESTIMATES (MONTHLY CHANGE) Employment increased to 11,531,600. Unemployment increased to 730,400 from a revised February 2014 estimate. Unemployment rate increased by less than 0.1 pts to 6.0%. Participation rate remained steady at 64.7%. Aggregate monthly hours worked increased 2.8 million hours (0.2%) to 1,615.6 million hours. SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE) Employment increased 18,100 to 11,553,200. Full-time employment decreased 22,100 to 8,029,100 and part-time employment increased 40,200 to 3,524,000. Unemployment decreased 29,900 (4.0%) to 713,200. The number of unemployed ... (full story)

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PA is King
Apr 9, 2014 8:36pm
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Price Action told you this was coming...as mentioned early yesterday morning, long a/u once the daily candle closed above .9300.
http://www.forexfactory.com/news.php?do=news&id=478941#post7390006

Nothing on my charts says it should stop until maybe psych level of .9500-50. Or the Weekly 200ma closer to .9600. There's just no reason to buy USD either.
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PA is King
Apr 11, 2014 5:02am — Edited
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Now that was better, double bottom around .9360 and then a 65pip rally so far. Managed to grab 50pips. Calling it a week...have a good weekend all. Happy trading!


one final thought...you know what's GREAT for the market makers on this 2 1/2 month rally on Aussie? Not only are they making TONS of money from those who keep trying to short it, they are also making lots of money on the interest from being long! Double profits for them!
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NewtonsCash
Apr 10, 2014 4:05am
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Bloomin' Marvelous, note to US / UK / Euro central bankers, rates up, return to capitalism, more jobs , this Zirp environment is killing electoral votes and encouraging the rise of the right wing, can we get the Aussie central banker into UK now and sack the Canadian Goldman Sachs employee bloke and get a proper economy back like NZ and Aus, today would be nice
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Tony112
Apr 9, 2014 8:59pm
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i bought this, loads of it
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Tony112
Apr 9, 2014 9:06pm
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buy buy buy the government is trying to undo this don't let them
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Tony112
Apr 9, 2014 9:07pm
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time to buy the dip, come one... let`s do 200 pips
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PA is King
Apr 9, 2014 9:02pm
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Nice job to those who were long!
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PA is King
Apr 10, 2014 8:28am
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I'd look for a stophunt just below .9400, then some reversal type candle/pattern, and then go long with first target a retest of today's highs. Next target .9500.
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PA is King
Apr 10, 2014 9:40am
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A little surprised .9400held so well, thought was to obvious of a support/long area.
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Kok Teong
Apr 9, 2014 9:11pm
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At what point to buy the dip again?

Quoting Tony112
time to buy the dip, come one... let`s do 200 pips
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wael shami
Apr 9, 2014 9:41pm
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i guess it's time to go back to 13/10/2013 and above it
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sammy_tega
Apr 9, 2014 8:35pm
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happy easter and may God bless you all
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danferre
Apr 9, 2014 8:49pm
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I LOVE AUD!!!!!!
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trexin
Apr 9, 2014 9:49pm
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Why it is not moving ? PPl are waiting to go up.
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imez
Apr 10, 2014 1:04am
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Argh! I missed this one. Was asleep though, it was 2AM here...
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Trader#148B
Apr 9, 2014 9:15pm
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Just cut loss all my sell position, last money to trade, buy or sell? I can't predict anymore..
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