...missed my long entry on this pair eariler around 91056, demand was building in that direction, ah well...i think it will climb to 9210 before we see any turnaround
- #11,642
- Dec 14, 2009 1:58pm Dec 14, 2009 1:58pm
- Joined May 2009 | Status: Re-member | 6,497 Posts
...missed my long entry on this pair eariler around 91056, demand was building in that direction, ah well...i think it will climb to 9210 before we see any turnaround
Be patient
always another trade....Hohoho!
- #11,643
- Dec 14, 2009 3:00pm Dec 14, 2009 3:00pm
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #11,644
- Dec 14, 2009 3:08pm Dec 14, 2009 3:08pm
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #11,645
- Dec 14, 2009 3:14pm Dec 14, 2009 3:14pm
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #11,649
- Dec 14, 2009 3:55pm Dec 14, 2009 3:55pm
- | Joined Nov 2009 | Status: FUDGE | 2,229 Posts
Hi Daytrader74
Depends whats in them. FF has it as a red flag so perhaps we should see some movement. But up, down is anyones guess.
A51
Maybe we should go long and short and sideways then
- #11,652
- Dec 14, 2009 5:11pm Dec 14, 2009 5:11pm
Will the RBA minutes due at 11:30 this morning have any impact on price action?
RBA minutes say the group has more "flexibility" on rate decisions at future meetings. Further indicated that the case for Dec rate hike was "finely balanced." Forecasts core inflation to remain within target for 2010. Expected GDP growth in 3Q.
40 Minutes later and news had only minimal effect so far.
Appears that Puks is on the money to the short side for now.
Pair needs something special to break the .91700/800 barrier to the upside.
A51
RBA minutes say the group has more "flexibility" on rate decisions at future meetings. Further indicated that the case for Dec rate hike was "finely balanced." Forecasts core inflation to remain within target for 2010. Expected GDP growth in 3Q.
40 Minutes later and news had only minimal effect so far.
Appears that Puks is on the money to the short side for now.
Pair needs something special to break the .91700/800 barrier to the upside.
A51
AUD bulls wouldn't want to establish new positions ahead of FOMC meetings.
i would be short until after FOMC meetings.
- #11,656
- Dec 14, 2009 5:29pm Dec 14, 2009 5:29pm
RBA has clearly said the rate rise decision was "finely balanced". After the meetings, traders are reducing their bets of another rate rise in Feb.
AUD bulls wouldn't want to establish new positions ahead of FOMC meetings.
i would be short until after FOMC meetings.
I agree
A51
- #11,657
- Dec 14, 2009 5:45pm Dec 14, 2009 5:45pm
- | Joined Nov 2009 | Status: FUDGE | 2,229 Posts
Hey Puks
I agree
A51
- #11,659
- Dec 14, 2009 5:55pm Dec 14, 2009 5:55pm
- Joined Apr 2008 | Status: Trader | 7,674 Posts
RESISTANCE
