AUD/USD

Great work amy. You owe me nothing! Glad to have been of service.

A/U... my areas of interest. We might not see them though.

should start putting bets on which day it smashes 80

http://www.businessweek.com/news/201...tion-talk.html

Not gonna try and catch a falling knife...but something to keep an eye out for if intervention does happen...

The Fed and ECB were definitely spotted "checking rates" the night before last during EUREX hours.

The "rumour" going around this morning as reported by Reuters is that the RBA was calling around during Tokyo checking rates on the AUD and crosses.

The effect is always the same. At most big FX desks there is one trader who is designated to take calls and orders from CBs as they come. In situations like this - call from the CB (or just rumours of) is often enough to induce short covering at that particular desk and then once one starts they all start.

Imagine you are a big dog trader at say, one of the Singapore investment banks or hedge funds based in Sydney. You're up 8% on an AUDUSD short trade and suddenly get a call from the head of the RBAs FX desk asking what you're quoting at the bid and offer.

What would you in that scenario? I know what I'd do. Bank my shorts and go home because it's Friday.

target 0.77 not reached.
still holding my short from 0.88
would like to see a clean break through 0.80 next week

hi guys, just checkin in I hope everybody here is well and good. Checking daily window it looks to me a correction or would it be? if it will be a push up, i believe it will be a strong push in the next hour or two.

same old same, i will be looking for a quick pips or wherever the market leads me

i am interested entering long at 8300 with targets at 8325 and 8360... i'll just wait further confirmation

set buy order at 8290 hmmm we see

just filled

darn i'm out, oh well

placed an order again where i was stopped out just one position this time... long!

wow... great trade..
drinks on you!!!

and another order (2 positions) at 8300

good on you mate! a question, are you trading live? can you show us your blotter maybe we can get a valuable method of entry.

Looks like AUD is struggling to go up again... The bull is fighting so hard... The bear try to resist..

its bearish

Bull is winning now.. Bullish Reversal...
Going Long...

that's why i was burned and skinned alive 2 hours ago now i'm just on the sideline watching her gracefully moves... momentum is dying now... maybe a few wild swings left but for now jsut waiting for an entry

all i can see is a bull trap so far

there's a sign of bull presence now but without much bears they won't run far without bears how can they feed themselves heheheeh so without food (bears) they will tend to eat each other hehehe so the least bear survive wins harharhar am i crazy? nonsense? maybe if it breaks 8290 then it will be a short correction but it is slowing down now, nearing range bound