AUD is becoming a bigger player as the Australian economy's trend is Growth, furthermore, the central bank announced that there is no need of such a low interest rate anymore...
AUD Trade Balance and AUD Retail sales 6 replies
Dislikedso what's the plan?
buying or selling?
are you holding any poisition atm?Ignored
not a chance....
RBA will intervene long before that.
although i m long i dont see much upside after 89.70-90.Ignored
Dislikedwatch out on gold if it goes through 1025 then it might go and search for a new highIgnored
DislikedCan I kindly ask what your signals/reasons are for shorting? Are you scalping or position trading?Ignored
Dislikedjust a reminder gold is flirting with 1025 watch out if it breaksIgnored
Dislikedi dont do scalping and i dont do SL so at this stage the only option i have is keep on adding more so i can have a better position ...
timing have to be accurate though ...Ignored
DislikedI thought you were a position trader. We could get a bounce here as USDX 1 hour is quite oversold but I don't rely on RSI and the daily range has been around 120 pips. Also we've got the oil states now saying that there hasn't been talk of replacing the US$.