Holy crap, a room full of aussies ... I am from Sydney also .
I have been looking heavily into this method. I knew to begin with that all banks have a large purcahse order in both directions every morning to cover cash and OTC commitments, but I didn't know central banks would favour one direction over the rest everyday in one market alone.
An interesting approach. I will definitely be book marking this thread.
I have been looking heavily into this method. I knew to begin with that all banks have a large purcahse order in both directions every morning to cover cash and OTC commitments, but I didn't know central banks would favour one direction over the rest everyday in one market alone.
An interesting approach. I will definitely be book marking this thread.