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AUD/USD

  • #24,381
  • Oct 14, 2010 2:44pm Oct 14, 2010 2:44pm
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  • #24,382
  • Oct 14, 2010 2:54pm Oct 14, 2010 2:54pm
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  • #24,383
  • Oct 14, 2010 3:09pm Oct 14, 2010 3:09pm
Quoting redsword11
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  • #24,384
  • Oct 14, 2010 3:18pm Oct 14, 2010 3:18pm
Quoting redsword11
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  • #24,385
  • Oct 14, 2010 7:47pm Oct 14, 2010 7:47pm
Talk of stops in AUD around 9870.. But is this the sucker play..?

Long AUD holders sell in soft market in fear of stops but smart players buying quietly.. only time will tell..
  • #24,386
  • Oct 14, 2010 7:51pm Oct 14, 2010 7:51pm
Quoting lasty
Talk of stops in AUD around 9870.. But is this the sucker play..?

Long AUD holders sell in soft market in fear of stops but smart players buying quietly.. only time will tell..
Is that something you read from an article?
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #24,387
  • Oct 14, 2010 7:53pm Oct 14, 2010 7:53pm
Quoting usapgapro
This is absolutely absurd. I used to think that Australians were tough men but seems like they want to act that way but have work conditions like the Four Seasons Hotel. I'm from Louisiana and like most everyone you spend your summers if not a good part of your life on an oil rig. We would work 12 hour shifts sometimes 24 if the relief crew didn't show up.

$90 dollars a day because you had to share a bathroom? Are you fucking kidding me!! Like any real roughneck would tell you just get the paper and go behind the closest tree. We would sleep...
Not sure where you getting your $400k salary from. Average AUS mining salary is around $140,000 but that's inclusive of all the directors/managers/executives so the average for the lowly blue collars are likely to be much lower. That said there are 2 other factors you have to take into account.

1. Taxation obligations in AU has always been much heavier than that on a comparative scale to the US - somewhere around 30-40% heavier.

2. The mining industry is considered to be Australia's crown jewel, so its understandable that everyone involved wants a share of the figurative pie. Much like the US financial sector, the average income there is far higher than the average across all sectors.
  • #24,388
  • Oct 14, 2010 8:00pm Oct 14, 2010 8:00pm
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l mean supply removed
  • #24,389
  • Oct 14, 2010 8:06pm Oct 14, 2010 8:06pm
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  • #24,390
  • Oct 14, 2010 8:16pm Oct 14, 2010 8:16pm
Red
  • #24,391
  • Oct 14, 2010 8:25pm Oct 14, 2010 8:25pm
Quoting redsword11
Red

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REASONING
  • #24,392
  • Oct 15, 2010 3:17am Oct 15, 2010 3:17am
Looks like parity is not out of the woods yet. After a textbook pullback its on its way higher again.
  • #24,393
  • Oct 15, 2010 3:46am Oct 15, 2010 3:46am
Quoting redsword11
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l mean supply removed


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  • #24,394
  • Oct 15, 2010 3:51am Oct 15, 2010 3:51am
What is wrong with the aussie stuck in that 0.9956 region for the past 3 hours this bitch gotta move on up to resistance at least or break through for parity
  • #24,395
  • Oct 15, 2010 3:57am Oct 15, 2010 3:57am
Quoting Pipwanderer
What is wrong with the aussie stuck in that 0.9956 region for the past 3 hours this bitch gotta move on up to resistance at least or break through for parity
Too risk to take long here because 1.000 psychology level. IF EUR make new high then AUD may follow.
  • #24,396
  • Oct 15, 2010 7:18am Oct 15, 2010 7:18am
Parity touched!
Use me as a contrarian indicator
  • #24,397
  • Oct 15, 2010 7:37am Oct 15, 2010 7:37am
Quoting mrbandwidth
Parity touched!
Damn you beat me to it.....

Parity touched Bitches!!!!!!
  • #24,398
  • Oct 15, 2010 7:40am Oct 15, 2010 7:40am
Quoting >Apocalypto<
Damn you beat me to it.....

Parity touched Bitches!!!!!!
Loving the price action after! Go Shorts!!!
  • #24,399
  • Oct 15, 2010 7:43am Oct 15, 2010 7:43am
Quoting >Apocalypto<
Damn you beat me to it.....

Parity touched Bitches!!!!!!
Yes. At least it touch parity. However the long wicked on 15 min candle show how strong that resistant line is . Wait to see where 1H candle close.
  • #24,400
  • Oct 15, 2010 7:46am Oct 15, 2010 7:46am
[quote=>Apocalypto<;4099134]Damn you beat me to it.....

Parity touched Bitches!!!!!!
we should expect to buy and hit that resistance and then sell
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