asia's gonna play catch-up tomorrow so we may see parity...

testing — short @1.02851, t/p 1.0246, s/l 1.310 next short at 1.305

selling uranium — If Gillard has to sell uranium to Pakistan n India, who are not signatories to the nuclear non-prolif treaty, you know that China ain't buying any metals/minerals and that the govt's desperate. Penny Wong's comments that the ...

Westpac's 22cents worth — World economic turmoil should scare living daylights out of us: Westpac by: Sue Neales and Scott Murdoch From: The Australian December 01, 2011 12:00AM THE economic turmoil in Europe and the US is nearing ...

economics — releasing the reserve requirements means that the banks in china can and will loan out more cash... this stimulates the chinese economy... probably in response to the slowdown in growth and to address rising inflationary pressure ...

bear turn — methinks the bears are back.nice solid candles. entered a short at 1.0015, added on at 1. s/l @1.009 t/p @0.9940

RSI moves — just took a short... 4H RSI at 70ish, which mimics 28oct highs of 1.07. s/l at 1.015 t/p 0.9880ish

bearing down on the AUD — ok, imma [email protected] or thereabouts.

stopped out... but I'll wait for a few more candles before I enter a short... prolly along the 0.9550 area(recurring resistance on Nov21)

still long... up till 1.015 sl 0.9876

AAA really? — I don't think Fitch factored the impact of a carbon tax(17% overall increase in household expenditure)...1st of its kind in a developed economy and a softening China and JP market that AU is heavily reliant upon.

resistance at 0.99? — smashed.. parity and probably the next mark at 1.0105

there's a reversing trend between the EUR/AUD and AUD/USD pairs. AUD as the preferred currency?

I'm long too.. for about 80pips(1.03 or thereabouts).. the last decline and dovish RBA minutes were on the 3rd/4th of Nov and there was a 200pip bounce up after that. SL 1.02