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  • #17,501
  • Dec 3, 2012 2:47am Dec 3, 2012 2:47am
In short term perhaps. Very possible. But the bigger picture looks different. Just perspective.
  • #17,502
  • Dec 3, 2012 5:23am Dec 3, 2012 5:23am
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
  • #17,503
  • Dec 3, 2012 5:28am Dec 3, 2012 5:28am
HelloOz whats ur take 2morrow?
  • #17,504
  • Dec 3, 2012 5:34am Dec 3, 2012 5:34am
Quoting bonus76
HelloOz whats ur take 2morrow?
hmm.. before today, i would say no cut,
but based on today's data.. RBA has to cut..
by how much? i dont know.
at least 25bps
  • #17,505
  • Dec 3, 2012 5:36am Dec 3, 2012 5:36am
Quoting HelloOz
hmm.. before today, i would say no cut,
but based on today's data.. RBA has to cut..
by how much? i dont know.
at least 25bps
retailers are crying for help.
miners dont care.

oz dont care if rba cut rate or not,
  • #17,506
  • Dec 3, 2012 5:37am Dec 3, 2012 5:37am
Quoting HelloOz
hmm.. before today, i would say no cut,
but based on today's data.. RBA has to cut..
by how much? i dont know.
at least 25bps
Same here. But on aud we can see suprise move as rate cut is already priced in. If they go for 50 than 1.0290 can be on the cards
  • #17,507
  • Dec 3, 2012 5:43am Dec 3, 2012 5:43am
Quoting bonus76
Same here. But on aud can suprise as rate cut is already priced in. If they go for 50 than 1.0290 can be on the cards
i dont know how accurate is this priced in..

but yes if rba cut tomorrow,
im looking at 1.0290
looks like we are on the same page
  • #17,508
  • Dec 3, 2012 5:59am Dec 3, 2012 5:59am
Tim,
what is your projection for today?
  • #17,509
  • Dec 3, 2012 6:00am Dec 3, 2012 6:00am
Quoting HelloOz
i dont know how accurate is this priced in..

but yes if rba cut tomorrow,
im looking at 1.0290
looks like we are on the same page
And for today?
  • #17,510
  • Dec 3, 2012 6:01am Dec 3, 2012 6:01am
Quoting Tim_isoara
And for today?
looking to short at 0431
u ?
  • #17,511
  • Dec 3, 2012 6:02am Dec 3, 2012 6:02am
Quoting HelloOz
looking to short at 0431
u ?
short 1.0450-30
  • #17,512
  • Dec 3, 2012 6:10am Dec 3, 2012 6:10am
Quoting Tim_isoara
short 1.0450-30
you think you will be able to get it?
  • #17,513
  • Dec 3, 2012 6:14am Dec 3, 2012 6:14am
Quoting HelloOz
you think you will be able to get it?
In that area i wait for short signal.
  • #17,514
  • Dec 3, 2012 6:16am Dec 3, 2012 6:16am
Quoting Tim_isoara
In that area i wait for short signal.
ok GL.
im falling asleep here.
  • #17,515
  • Edited 7:23am Dec 3, 2012 6:24am | Edited 7:23am
hopefully us will make a clear pasige for au to go down down down. Looks like au short is coming soon
Attached Image (click to enlarge)
Click to Enlarge Name: au.gif Size: 33 KB
  • #17,516
  • Dec 3, 2012 7:26am Dec 3, 2012 7:26am
Quoting bonus76
hopefully us will make a clear pasige for au to go down down down. Looks like au short is coming soon
A retracement is normal but your scenario may not happen soon.
daddybearforex. com
  • #17,517
  • Dec 3, 2012 7:32am Dec 3, 2012 7:32am
Quoting bonus76
hopefully us will make a clear pasige for au to go down down down. Looks like au short is coming soon
Your chart indicates the DUTL was broken earlier. This is not a bearish sign IMO.

http://www.forexfactory.com/attachme...1&d=1354540979
daddybearforex. com
  • #17,518
  • Dec 3, 2012 7:34am Dec 3, 2012 7:34am
Quoting DaddyBear
Your chart indicates the DUTL was broken earlier. This is not a bearish sign IMO.

http://www.forexfactory.com/attachme...1&d=1354540979
aud has a thing for fibs. Respects fibs
  • #17,519
  • Dec 3, 2012 7:37am Dec 3, 2012 7:37am
Quoting bonus76
aud has a thing for fibs. Respects fibs
I see your point. But, sometimes a trend line has a higher hierarchical rank than FIB numbers. FIB has to be used with EWP to work better. IMO
daddybearforex. com
  • #17,520
  • Dec 3, 2012 7:39am Dec 3, 2012 7:39am
Quoting DaddyBear
I see your point. But, sometimes a trend line has a higher hierarchical rank than FIB numbers. FIB has to be used with EWP to work better. IMO
When you only see FIB not trend line, there is a clear and present danger.
daddybearforex. com
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