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Aussie Trading Room and Cartoons Gallery

  • #20,281
  • Dec 16, 2012 6:09pm Dec 16, 2012 6:09pm
Does anyone think the Aussie is going to be below 1.0500?
daddybearforex. com
  • #20,282
  • Dec 16, 2012 6:12pm Dec 16, 2012 6:12pm
Quoting DaddyBear
Does anyone think the Aussie is going to be below 1.0500?
you dont?
  • #20,283
  • Dec 16, 2012 6:28pm Dec 16, 2012 6:28pm
Quoting DaddyBear
Does anyone think the Aussie is going to be below 1.0500?

it already is below 1.0500 for me.....

as I trade the futures....and the current month contract is trading at 1.0478
I don't trust any move - when you have profit...take it.
  • #20,284
  • Dec 16, 2012 6:28pm Dec 16, 2012 6:28pm
Quoting HelloOz
you dont?
It's hard to say at this point due to multiple probabilities.
daddybearforex. com
  • #20,285
  • Dec 16, 2012 6:30pm Dec 16, 2012 6:30pm
Quoting Faller
it already is below 1.0500 for me.....

as I trade the futures....and the current month contract is trading at 1.0478
Spot and futures are not quite the same but 1.0478 can be used as a reference point.
daddybearforex. com
  • #20,286
  • Dec 16, 2012 6:31pm Dec 16, 2012 6:31pm
Quoting Faller
it already is below 1.0500 for me.....

as I trade the futures....and the current month contract is trading at 1.0478
BTW, what number is the Aussie futures now?
daddybearforex. com
  • #20,287
  • Dec 16, 2012 6:33pm Dec 16, 2012 6:33pm
Quoting HelloOz
you dont?
You do? how low will it be?
daddybearforex. com
  • #20,288
  • Dec 16, 2012 6:33pm Dec 16, 2012 6:33pm
Quoting DaddyBear
BTW, what number is the Aussie futures now?

I just told u in my post above - but it has changed since then.....

now 1.0479
I don't trust any move - when you have profit...take it.
  • #20,289
  • Dec 16, 2012 6:36pm Dec 16, 2012 6:36pm
Quoting DaddyBear
You do? how low will it be?
1.02
  • #20,290
  • Dec 16, 2012 6:36pm Dec 16, 2012 6:36pm
Quoting Faller
I just told u in my post above - but it has changed since then.....

now 1.0479
Thanks.
daddybearforex. com
  • #20,291
  • Dec 16, 2012 6:39pm Dec 16, 2012 6:39pm
Quoting HelloOz
1.02
Are you joking?
daddybearforex. com
  • #20,292
  • Dec 16, 2012 6:41pm Dec 16, 2012 6:41pm
Quoting DaddyBear
Are you joking?
??
you dont think so?
  • #20,293
  • Dec 16, 2012 6:47pm Dec 16, 2012 6:47pm
1.02 is possible -

Here is a read for everyone.

http://au.ibtimes.com/articles/415669/20121217/why-australian-dollar-strong-think.htm#.UM5rg3dWp7Q
I don't trust any move - when you have profit...take it.
  • #20,294
  • Dec 16, 2012 6:51pm Dec 16, 2012 6:51pm
Quoting Faller
1.02 is possible -

Here is a read for everyone.

http://au.ibtimes.com/articles/415669/20121217/why-australian-dollar-strong-think.htm#.UM5rg3dWp7Q
Parity is also possible.
i dont think we will have new high..
  • #20,295
  • Dec 16, 2012 6:53pm Dec 16, 2012 6:53pm
I know this thread is aussie only.....but.

In order to fully appreciate the movements in the Aussie one has to look at some other instruments.

I will keep it short here -

If you are not watching CAD and GOLD - you are missing out on part of the picture.
I don't trust any move - when you have profit...take it.
  • #20,296
  • Dec 16, 2012 6:55pm Dec 16, 2012 6:55pm
There has been a lot of shooting stars that formed tonight on many currency pairs - on higher time frames then just the 5 min -

There have also been many analysts calling for a strong USD - which many people want to ignore.

current 6A futures for aussie - 1.0471 - and look how it is moving down with gold - gold now below 1695 which is key.
I don't trust any move - when you have profit...take it.
  • #20,297
  • Dec 16, 2012 7:42pm Dec 16, 2012 7:42pm
Quoting HelloOz
??
you dont think so?
Before it tests 1.06xx, 1.02 may not be in the cards.
daddybearforex. com
  • #20,298
  • Dec 16, 2012 7:43pm Dec 16, 2012 7:43pm
Quoting DaddyBear
Does anyone think the Aussie is going to be below 1.0500?
yes
  • #20,299
  • Dec 16, 2012 7:45pm Dec 16, 2012 7:45pm
Quoting DaddyBear
Before it tests 1.06xx, 1.02 may not be in the cards.
maybe was already tested but failed, highest 1.05865..
you will never know
  • #20,300
  • Dec 16, 2012 7:45pm Dec 16, 2012 7:45pm
Quoting Faller
There has been a lot of shooting stars that formed tonight on many currency pairs - on higher time frames then just the 5 min -

There have also been many analysts calling for a strong USD - which many people want to ignore.

current 6A futures for aussie - 1.0471 - and look how it is moving down with gold - gold now below 1695 which is key.
I also know many experts called weekly ABCDE triangle for a long time. Their call has been proved incorrect.

http://www.forexfactory.com/attachme...1&d=1355313904

http://www.forexfactory.com/attachme...1&d=1355371078
daddybearforex. com
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