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Get ready to give Aussie a hit

  • #1
  • First Post: Oct 27, 2006 1:13pm Oct 27, 2006 1:13pm
No doubt it is rising and rising, but I plan to sell the fact even if RBA rise the rate.

Just a few more patience will work.
凹凸 only
  • #2
  • Oct 27, 2006 3:31pm Oct 27, 2006 3:31pm
Quoting Samuri
No doubt it is rising and rising, but I plan to sell the fact even if RBA rise the rate.
Why?
Mr. Trend
  • #3
  • Oct 27, 2006 4:15pm Oct 27, 2006 4:15pm
i am doing the same, basically if aussie gets anywhere near 7900 or 8000, or even 7800 usually, it's free money shorting it, . Usually that is, anythings possible in this game tho.
  • #4
  • Nov 8, 2006 12:27am Nov 8, 2006 12:27am
Fact proved to be worth selling, a double top will block the north, now south is the way
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  • #5
  • Nov 8, 2006 12:30am Nov 8, 2006 12:30am
Aussie crosses will turn around too, buy dips (EUR/AUD, GBP/AUD)
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  • #6
  • Nov 8, 2006 12:40am Nov 8, 2006 12:40am
the aud/jpy cross hasn't been this high for a very long time (ok, the time before last year). it's plummeting as we speak. any thoughts on wether this will continue?

looking at last year december, it fell 450 pips in a single week, most of it in about 3 days and another 150 pips the following week when it came off the multi year highs.
  • #7
  • Nov 8, 2006 1:11am Nov 8, 2006 1:11am
Quoting kjb
the aud/jpy cross hasn't been this high for a very long time (ok, the time before last year). it's plummeting as we speak. any thoughts on wether this will continue?

looking at last year december, it fell 450 pips in a single week, most of it in about 3 days and another 150 pips the following week when it came off the multi year highs.
In a way I do not prefer to trade AUD/JPY for long term orders no favored by the shit carry.

Anyway, a wave model for you to take reference.
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  • #8
  • Nov 8, 2006 10:20pm Nov 8, 2006 10:20pm
technically beauty

I love this pair!

No matter who he is, big guys must be techs too:
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  • #9
  • Oct 26, 2007 11:18pm Oct 26, 2007 11:18pm
Quoting Samuri
No doubt it is rising and rising, but I plan to sell the fact even if RBA rise the rate.

Just a few more patience will work.
Nah, its a freight train on drugs folks, acting like the way loonie did few months ago.
Let it slow down a bit before thinking of shorting.
  • #10
  • Oct 26, 2007 11:32pm Oct 26, 2007 11:32pm
Quoting vipatel
Nah, its a freight train on drugs folks, acting like the way loonie did few months ago.
Let it slow down a bit before thinking of shorting.
The more things change, the more things stay the same.

You just happened to pick up on a thread that died 12 months ago.
Polishing my crystal ball
  • #11
  • Last Post: Oct 26, 2007 11:40pm Oct 26, 2007 11:40pm
Quoting vipatel
Nah, its a freight train on drugs folks, acting like the way loonie did few months ago.
Let it slow down a bit before thinking of shorting.
that post was from a year ago.
Take a report.
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