The Really Useless Thread

Well, as I always say in the most diplomatic manner, f@#k the haters!

present.

Give us a move, Aussie.

EA still finding new lows...bit by bit.

See if we get some follow through now. May not.

Non-cut doesn't really equal a raise.

Over the past year, monetary policy has become more accommodative. Interest rates for borrowers have declined to be clearly below their medium-term averages and savers are facing increased incentives to look for assets with higher returns. While the impact of these changes takes some time to work through the economy, there are signs of easier conditions starting to have some of the expected effects. Business demand for external funding has increased this year, the housing market has strengthened and share prices have risen in line with markets overseas. The exchange rate, though, remains higher than might have been expected, given the observed decline in export prices and the weaker global outlook.

Further effects of actions already taken to ease monetary policy can be expected over time. The Board will continue to monitor those effects, together with information about the various other factors affecting the outlook for growth and inflation. At today's meeting, with prices data slightly higher than expected and recent information on the world economy slightly more positive, the Board judged that the stance of monetary policy was appropriate for the time being.

aud rate unchanged.. they forecast it to fall

Grinding through that cluster, bit by bit...

AU has to take 1.0420 to advance, I'm guessing.

AU and EA have already almost printed their (paltry) ADR.

Not going to counter-trade either of them. If 1.0420 goes...may buy a retest and hold. Or just wait to short above.

Ken

Email

Sorry...was editing the post above...

Fak it...bought a bit...



...and moved my pending short higher.

Pulled some at +15. Now at the middle of the pitchfork/channel. <--(edit) hit to the pip.

Excellent!

There in a few.

Watching that and 20 (18ish) for my clue...

Taking too long for my liking. Another third out a +16...



Stop will be behind that circled MA (+ a couple)...which is rising rapidly.

i almost went long for about 20+ at 2263

As good a place as any there. If 56 holds...could get a few. If not there...close to 33 is another chance I'm watching. Below that...1.16.

x

Dayum...nearly at your +20 now.

Will be watching 1.23 EA and 1.04 AU for any clues...possible entries.

hey jawn! email and 2 pm's

Who broke Gold?

ok sorry! so busy with all the pm's and emails man!