Have to leave office now. As much as I want to trail this position... and it feels it wants to go higher...
I got flat at 89.20.
Good luck all.
I got flat at 89.20.
Good luck all.
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DislikedPretty obvious there will be no TAPER, and yet the AUD keeps falling. Base on fckng what? Only God knowsIgnored
DislikedPretty obvious there will be no TAPER, and yet the AUD keeps falling. Base on fckng what? Only God knowsIgnored
Disliked{quote} Who mentioned that there will be no taper? The most recent polls show that taper possibility is 60%. But to what extend? Kathy Lien gave a good scenario of tapering in her website. Good read. http://www.bkassetmanagement.com/fea...cenarios_6088/Ignored
Disliked{quote} Hi Interesting, just read it. From what I am reading in general, it seems anyway the TAPER chance to be a small chance...where have you seen 60%? anyway, AUD wise, there is only one more reason to sell, given that all other reasons have failed (we are out of MEETINGS and news!) and yet it's hovering the same bloody price as per Monday...so a real taper would make the AUD fall right? but that's the lowest possible scenario... To me a mild taper which is also a low possibility will take it to 88 and then a rebound from there on...but ... maybe...Ignored
Disliked{quote} Here you go. Tapering chance at 60%. http://www.marketwatch.com/story/el-...MW_latest_newsIgnored
Disliked{quote} What I do know is that -Aud coming into support -Aud reached it's full extension from the highs -Aud headline news comes out in a day I also know that I planned on taking this trade 3 days ago. I also know that b/c it's not going to be perfect, not the best setup / scenario, so i have to reduce my size I also know that it's likely traders will reposition before news, which creates slightly more volatility. I also know I will close out my position before announcement, so this is a intraday opportunity. most of all... i know my risk, and i'm...Ignored
Disliked{quote} Who mentioned that there will be no taper? The most recent polls show that taper possibility is 60%. But to what extend? Kathy Lien gave a good scenario of tapering in her website. Good read. http://www.bkassetmanagement.com/fea...cenarios_6088/Ignored
Disliked{quote} I'm not making a prediction here, but here's just something to think about... The last time round just about every economist and their grandmother expected a taper, and what happened?Ignored