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AUD/USD

  • #30,941
  • Jul 11, 2011 9:31pm Jul 11, 2011 9:31pm
Quoting Jazznos
Uh huh...

"The long-awaited release of details of the carbon tax, coupled with US economic concerns and higher Chinese inflation, created a negative mood on the Australian equities market yesterday. The benchmark S&P/ASX 200 index closed down 72.4 points or 1.56 per cent..."
I said massive sell-out, not selling caused by global concerns. In fact Italy worries completely shadowed the carbon tax announcement.
Don't get mad, get even!
  • #30,942
  • Jul 11, 2011 9:42pm Jul 11, 2011 9:42pm
This is how mad this woman is and she is purely doing it for a power grab.

http://news.smh.com.au/breaking-news...712-1hbl2.html

She thinks we are an isolated case.

Europe is under pressure. Our biggest trading partner is China. China's biggest trading partner is Europe.
Whilst the rest of the world sees Europe on the brink, PM Gillard somehow thinks she knows better.
  • #30,943
  • Jul 11, 2011 9:51pm Jul 11, 2011 9:51pm
Quoting lasty
This is how mad this woman is and she is purely doing it for a power grab.

http://news.smh.com.au/breaking-news...712-1hbl2.html

She thinks we are an isolated case.

Europe is under pressure. Our biggest trading partner is China. China's biggest trading partner is Europe.
Whilst the rest of the world sees Europe on the brink, PM Gillard somehow thinks she knows better.
Shes like "The economy is so strong now, and Im just the woman to bring that to an end! If not now, when?"

I have a feeling it just wont go through. It will fall under its own lies and weight of needless bureaucracy. And the Australian people know a stinker when they see it. The edifice is crumbling day by day. Every poll is worse for them, the vast majority do not want this. Foolish futile gesture politics and no one is buying it. Even though he may not be the best choice, I only hope Abbott will pull off a win. Anyways.. back to trading...!
  • #30,944
  • Jul 11, 2011 11:08pm Jul 11, 2011 11:08pm
Still holding shorts, aiming for the lower 1.05's still. SL at 1.063.
  • #30,945
  • Jul 12, 2011 12:06am Jul 12, 2011 12:06am
Quoting Jazznos
Shes like "The economy is so strong now, and Im just the woman to bring that to an end! If not now, when?"

I have a feeling it just wont go through. It will fall under its own lies and weight of needless bureaucracy. And the Australian people know a stinker when they see it. The edifice is crumbling day by day. Every poll is worse for them, the vast majority do not want this. Foolish futile gesture politics and no one is buying it. Even though he may not be the best choice, I only hope Abbott will pull off a win. Anyways.. back to trading...!...
The Australian people are as ignorant and sheeply as you could imagine, driven by media hype and cheap populist brainwashing bullcrap spoonfed by mindless scaremongering fluff.
The average Australian is politically almost as dumb as an American.
Don't get mad, get even!
  • #30,946
  • Jul 12, 2011 12:18am Jul 12, 2011 12:18am
Quoting stulic
The Australian people are as ignorant and sheeply as you could imagine, driven by media hype and cheap populist brainwashing bullcrap spoonfed by mindless scaremongering fluff.
The average Australian is politically almost as dumb as an American.
Again I assume youre referring to Gillard et al

That may be true to some degree, however they (we) are not real game at tolerating being blatantly lied to and having an utterly pointless economy-wrecking tax shoved down our throats and this is clearly reflected in the polls and the fact that Abbott leads her as preferred PM 43 to 38.
  • #30,947
  • Jul 12, 2011 12:37am Jul 12, 2011 12:37am
agree with that, lucky we here in aus are one of the youngest countries in the world and dont follow others mistakes like the US. At least we try not to
  • #30,948
  • Jul 12, 2011 12:40am Jul 12, 2011 12:40am
If you look back about 400 posts, i have said it once and will again, AUD/USD will in the near future be 1.20 to 1.30 as the usd is close to worthless now and will be even worthless in the future...
  • #30,949
  • Jul 12, 2011 12:45am Jul 12, 2011 12:45am
Quoting Jazznos
Again I assume youre referring to Gillard et al

That may be true to some degree, however they (we) are not real game at tolerating being blatantly lied to and having an utterly pointless economy-wrecking tax shoved down our throats and this is clearly reflected in the polls and the fact that Abbott leads her as preferred PM 43 to 38.
The fact that you and the majority of Australians would prefer Abbott as a PM shows how much (or not much for that matter) people care about real issues that matter but are influenced by plump mass media drivel.
How old are you and do you remember the GST debate?
Don't get mad, get even!
  • #30,950
  • Jul 12, 2011 12:56am Jul 12, 2011 12:56am
Quoting stulic
The fact that you and the majority of Australians would prefer Abbott as a PM shows how much (or not much for that matter) people care about real issues that matter but are influenced by plump mass media drivel.
How old are you and do you remember the GST debate?
The fact that you and a minority of Australians would prefer Gillard as a PM (although no one actually did for that matter) shows how much people get sucked in by doomsaying henny penny propaganda that merely attempts to camouflage a huge money and power grab by governments around the world. Even the most ardent warmenist couldnt possibly argue any legitimate case for this tax. For you to accuse me and others of being sucked in by "mass media drivel" is hilarious. Go look in the mirror! Now wheres that ignore button...
  • #30,951
  • Jul 12, 2011 1:31am Jul 12, 2011 1:31am
Quoting Jazznos
The fact that you and a minority of Australians would prefer Gillard as a PM (although no one actually did for that matter) shows how much people get sucked in by doomsaying henny penny propaganda that merely attempts to camouflage a huge money and power grab by governments around the world. Even the most ardent warmenist couldnt possibly argue any legitimate case for this tax. For you to accuse me and others of being sucked in by "mass media drivel" is hilarious. Go look in the mirror! Now wheres that ignore button...
I asked you a simple question. A honest answer would explain everything.
Don't get mad, get even!
  • #30,952
  • Jul 12, 2011 1:48am Jul 12, 2011 1:48am
Quoting stulic
I asked you a simple question. A honest answer would explain everything.
This simple answer to your simple question is im 36 and vaguely remember the GST debate, does that explain everything to you now? Im pretty sure the two issues have some stark differences however...
  • #30,953
  • Jul 12, 2011 2:09am Jul 12, 2011 2:09am
Quoting Jazznos
This simple answer to your simple question is im 36 and vaguely remember the GST debate, does that explain everything to you now? Im pretty sure the two issues have some stark differences however...
No they don't, you're just looking at it the wrong way. I'm not a Gillard supporter, not any party member and certainly not an Abbott supporter.

If you wanna know my personal stance on australian politics, I'd proclaim a republic, dissolve the ridiculous westminster parliament, and end this TV soap opera of nothingness that's distracting people from issues that matter.

We don't need a nanny state and having labor or the coalition in power would mean jack shit of a difference, it's all the same bunch of corrupt bastardly sleeks, fooling a flock of sheep around.
Don't get mad, get even!
  • #30,954
  • Jul 12, 2011 2:26am Jul 12, 2011 2:26am
Well thats probably about right...! No one is impressed with either side currently, and i think thats reflected in many places around the world... Things will change, they are changing... into what, who knows... Im gonna focus on the pips and be ready for whatever comes
  • #30,955
  • Jul 12, 2011 2:49am Jul 12, 2011 2:49am
.
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  • #30,956
  • Jul 12, 2011 2:55am Jul 12, 2011 2:55am
still holding shorts. gotta love this drop. well over-due.

closing half my positions at 1.052, the rest at 1.044 if we get there

GL all

Mitch
  • #30,957
  • Edited 3:15am Jul 12, 2011 3:08am | Edited 3:15am
...of all kinds probably between 615 - 500..

Watcha Trades..

Cheers !
  • #30,958
  • Jul 12, 2011 3:26am Jul 12, 2011 3:26am
bulls found some traction. nice rally

Quoting VennD
...of all kinds probably between 615 - 500..

Watcha Trades..

Cheers !
  • #30,959
  • Jul 12, 2011 3:49am Jul 12, 2011 3:49am
Quoting Mitchoss
still holding shorts. gotta love this drop. well over-due.

closing half my positions at 1.052, the rest at 1.044 if we get there

GL all

Mitch
... U told me to sit on it ....
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  • #30,960
  • Jul 12, 2011 4:40am Jul 12, 2011 4:40am
Quoting mrbandwidth
My guess:

First, to 1.0770
then to 1.0540

Posted on Jun-30
Use me as a contrarian indicator
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