The RBA doesn't cut or increase them to affect the currency. They usually wait for the effects to filter through the economy and stats like inflation and GDP. So, they haven't really been fighting or joining in the currency wars. They are more ...

I suggest tracking it in demo, if you'd like - it's the asian session, so bigger moves will be when the NY session opens. I am expecting a leg down when NFP comes close to 240k mark.

This is amazing... end of Dec, AUD was around $0.73. Only thing that's changed is some chinese statistics have been off by 0.1 or 0.2. I expect the RBA announcement end Jan/early feb to provide the bounce back, if not Dec retail numbers if they are ...

Look, the ABS numbers have been out of trend since they changed method of calculation. The method is not getting revised prior to May. That plus the strong retail performance across the board during Christmas means that I'd be more inclined towards ...

We all guess including the market analysts.

This guy was saying low 20s a month or 2 ago when prices were around 50. Now he is saying low 30s is where it should bottom out but says a risk of 20s if an event occurs. Can't find the link from my history but I think does videos on one of the news ...

Yup... 15 minutes b4, jumped to 1070, then on release dropped to 1064. What a rig. When I look at the NFP, last month's number was upgraded to 298k, which meant this month should have been still lower (owing to bringing forward of employment). Why ...

Guys Firstly, all the charting does is help with picking the entry point. But it's not a reliable indicator of direction. Secondly, all of you are getting too caught up anchoring. Draghi didn't move as much, meaning FOMC won't move as much or vice ...

Don't sell. Stop guys.. Wait for the trend to become clear. Right now, it's just shooting up and doesn't look like stopping.

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Amazing... and without any basis. No reason for the spike... but hey.

I don't know if you need to "know more". A lot comes down to emotion. I can testify on this, as my demo is going great guns, and for the real account, I am still trying to recover losses. If we play the odds, ie back the favourites, they will ...

Until the employment figures come out / Yellen speech

And you forgot the bit where you have a FX broker that gives you great advice, tips and shows you how to manage risk!

Forgive me, for I am a novice. I think of forex more as a game of 2 player game, e.g. tennis, with more variables and variability. For example, we know Djokovic usually wins. So, there is a higher chance if we bet on him. But, it's like betting on ...

So, you think 1 month history is a good guide of what will happen? This is China's results today Chinese exports down 6.9% instead of being down just 3 percent. What do you think the AUD market will go?

I agree, another thing you can test on demo is trading with 7 dollar above and below on gold buy/sell stop. This makes it a pure USD play.

Well, we will trade for that at that point... Remember, the QE was never going to end, was it? Right now, if our trading time frame is a week or a month (ie prior to the next NFP), we can do trades for that period. I've just been trading on demo at ...

The question is whether audusd will jackknife like EURUSD? I think not as much. But, I'd be hesitant to do any long trades. Basically, the range trading time is over and this is now the time for downside breakout possibilities.