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AUD/USD

  • #23,081
  • Sep 17, 2010 12:26am Sep 17, 2010 12:26am
Quoting grashid
now it should be the time to short audusd....

good luck and happy weekend all

its no good to short I think.. extremely expensive and inefficient.. I think the thing to do is maintain no position until we see pull back support affirming and new buys at lower prices showing. or maybe im just a to old school.
  • #23,082
  • Sep 17, 2010 12:40am Sep 17, 2010 12:40am
quite an interesting conversation here.

I travelled Australia in 2001 and I remember it being cheaper than Europe and the US.

No matter if it's a Restaurant, a cafe or some clothes, it was cheaper than Germany.

Clothes were always very cheap in the US, so I I'm not sure if they were cheaper in OZ, but besides that everything was quite cheap.

I once went from the Main Train Station in Sydney to the Blue Mountains which is at least a 100km ride and it takes 1-2 hours.

I'm not absolutely sure, but I think I paid something like $3 for that. Also the Bus Rides across the Country were at least 50-70% Cheaper than they were in Germany or Europe.
  • #23,083
  • Sep 17, 2010 12:49am Sep 17, 2010 12:49am
wow look at the aud/usd go
  • #23,084
  • Sep 17, 2010 12:52am Sep 17, 2010 12:52am
double top !!!!!!!!!!!!!!!!!!!!!
  • #23,085
  • Sep 17, 2010 1:03am Sep 17, 2010 1:03am
Quoting pipnapper
quite an interesting conversation here.

I travelled Australia in 2001 and I remember it being cheaper than Europe and the US.

No matter if it's a Restaurant, a cafe or some clothes, it was cheaper than Germany.

Clothes were always very cheap in the US, so I I'm not sure if they were cheaper in OZ, but besides that everything was quite cheap.

I once went from the Main Train Station in Sydney to the Blue Mountains which is at least a 100km ride and it takes 1-2 hours.

I'm not absolutely sure, but I think I paid something like $3 for that. Also...
Back then m8, Aussie was .60 to the usd too, that made everything seem cheap. I remember celebrating the millennium wondering if we were going to hit .50, things have changed a bit.

BTW am short the AUD atm too.
  • #23,086
  • Sep 17, 2010 1:07am Sep 17, 2010 1:07am
Everything in aus is expensive today. Housing prices have double, cars, computers are more expensive, fuel is expensive. Due to China's demand for resources that led to the explosion in the mining industry, average salary has increased.
  • #23,087
  • Sep 17, 2010 1:07am Sep 17, 2010 1:07am
It Looks as if the Sky was falling in the US

USD / CHF down to pairity

AUD / USD up to the sky with no stop

Gold / USD is climbing to new record high

  • #23,088
  • Sep 17, 2010 1:25am Sep 17, 2010 1:25am
Quoting learntowin
It Looks as if the Sky was falling in the US

USD / CHF down to pairity

AUD / USD up to the sky with no stop

Gold / USD is climbing to new record high

Be very wary. A reversal of rattling proportions is just down the road. Bullish sentiment in the market is higher than the April top. Bearish sentiment is lowest in over a year. This is one big bull trap taking place since July.
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #23,089
  • Sep 17, 2010 1:29am Sep 17, 2010 1:29am
Will it drop back to 93.00 before getting back to 94.55 resistance ?
who raped silver !
  • #23,090
  • Sep 17, 2010 1:30am Sep 17, 2010 1:30am
Quoting domino
its no good to short I think.. extremely expensive and inefficient.. I think the thing to do is maintain no position until we see pull back support affirming and new buys at lower prices showing. or maybe im just a to old school.

..but i love to hear the romour from goldman sach flurr....time will tell

i am swinger..so not a big deal...fyi for those who follow my call .. i am only swing in audusd..not a scalp nor intra..so becarefll to follow my call..

started with 94256 & 94484 n will add last one later..5lot each

p/s: remember mate, the gap is not fill in yet...if she drop, she will drop like no body business....just my 2 cent

cheers
  • #23,091
  • Sep 17, 2010 1:30am Sep 17, 2010 1:30am
Quoting MicksMoney
Back then m8, Aussie was .60 to the usd too, that made everything seem cheap. I remember celebrating the millennium wondering if we were going to hit .50, things have changed a bit.

BTW am short the AUD atm too.

that is true. And even in 2001 Electronics were ridiculously expensive. My Camera got stolen once and I had to get a new one in Downtown Sydney.

I wanted to get the same, since I was very happy with it. It was twice the price of what I paid in Germany. The Lady in the Photoshop told me that it's becaus they have to import their goods. I just thought to myself, wtf?

We pay up to 40% import taxes and a Camera from Japan (Canon) or maybe China costs half as much in Germany as it does in Australia, even though the OZ$ is at 0.60?

Who takes all the money?
  • #23,092
  • Sep 17, 2010 1:32am Sep 17, 2010 1:32am
Cmon Aussie drop
who raped silver !
  • #23,093
  • Sep 17, 2010 1:35am Sep 17, 2010 1:35am
Quoting kfx3001
Cmon Aussie drop
patient bro..M15, H1, h4 look ready for it...daily quite mess atm as 95 vs weekly is max i caould c...
for swinger, i believe is safe to short at this area..

H4 close may confirm in my view...cheers
  • #23,094
  • Sep 17, 2010 1:48am Sep 17, 2010 1:48am
Maybe it has not dropped because you re all going short on it
  • #23,095
  • Sep 17, 2010 1:50am Sep 17, 2010 1:50am
Quoting grashid
..but i love to hear the romour from goldman sach flurr....time will tell

i am swinger..so not a big deal...fyi for those who follow my call .. i am only swing in audusd..not a scalp nor intra..so becarefll to follow my call..

started with 94256 & 94484 n will add last one later..5lot each

p/s: remember mate, the gap is not fill in yet...if she drop, she will drop like no body business....just my 2 cent

cheers
Yes a big fall will be there when it does...but when? It looks like China is the cookie monster that needs Australias cookies for quite some time?
  • #23,096
  • Sep 17, 2010 1:52am Sep 17, 2010 1:52am
Quoting learntowin
Maybe it has not dropped because you re all going short on it
ok i am long..50 lotX10
  • #23,097
  • Sep 17, 2010 1:54am Sep 17, 2010 1:54am
Quoting Redeemed1
Yes a big fall will be there when it does...but when? It looks like China is the cookie monster that needs Australias cookies for quite some time?
i am not a god to tell u when..i base on what i saw from my chart..that it..

patient is virtue...if u do not have this, be honest dun play live, go n practising in ur demo

bb in few min..taking my lunch for a while
  • #23,098
  • Sep 17, 2010 2:04am Sep 17, 2010 2:04am
Quoting Redeemed1
Yes a big fall will be there when it does...but when? It looks like China is the cookie monster that needs Australias cookies for quite some time?
The big fall happens when retailers are massively long.
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #23,099
  • Sep 17, 2010 2:14am Sep 17, 2010 2:14am
Quoting rahulkghosh
The big fall happens when retailers are massively long.

Yes, i think so, always that s it
  • #23,100
  • Sep 17, 2010 2:18am Sep 17, 2010 2:18am
GOLD DRAGGING IT UP
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