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Aussie Trading Room and Cartoons Gallery

  • #27,581
  • Feb 13, 2013 11:45am Feb 13, 2013 11:45am
1830 EST - Westpac Consumer Sentiment
daddybearforex. com
  • #27,582
  • Feb 13, 2013 11:51am Feb 13, 2013 11:51am
Quoting DaddyBear
A retest of the low is in the cards.
Nice to see you are here my friend. AUD sure got interesting when you started your new thread.

Anyway, which low are you referring to? Today at 1.032? New potential support at 1.03? Or perhaps deeper to start of move?
The world you desire can be won. It exists.. it is real.. it is possible..
  • #27,583
  • Feb 13, 2013 12:28pm Feb 13, 2013 12:28pm
Quoting Mr. Scott
Nice to see you are here my friend. AUD sure got interesting when you started your new thread.

Anyway, which low are you referring to? Today at 1.032? New potential support at 1.03? Or perhaps deeper to start of move?
1.022xx or higher.
daddybearforex. com
  • #27,584
  • Feb 13, 2013 12:29pm Feb 13, 2013 12:29pm
Quoting DaddyBear
1.022xx or higher.
OK thank you, I ask because I was unclear and like to check my counts.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #27,585
  • Feb 13, 2013 12:37pm Feb 13, 2013 12:37pm
Quoting Mr. Scott
OK thank you, I ask because I was unclear and like to check my counts.
Do you trade EJ?
daddybearforex. com
  • #27,586
  • Feb 13, 2013 12:42pm Feb 13, 2013 12:42pm
Quoting DaddyBear
Do you trade EJ?
Yes, been have been busy and in the thread, just not able to post, moves too fast.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #27,587
  • Edited 1:59pm Feb 13, 2013 1:44pm | Edited 1:59pm
For newbies, trading AUDUSD may be safer than EURJPY. EJ moves too fast and is very volatile. Sometimes, the Aussie gets very wild as well but it is still manageable.
daddybearforex. com
  • #27,588
  • Feb 13, 2013 2:47pm Feb 13, 2013 2:47pm
Quoting DaddyBear
For newbies, trading AUDUSD may be safer than EURJPY. EJ moves too fast and is very volatile. Sometimes, the Aussie gets very wild as well but it is still manageable.
For example, today the Aussie does not move too much. If making a wrong entry, it wouldn't kill a trader's account. Not in the case of trading EJ, it's like a rodeo game at least....


http://upload.wikimedia.org/wikipedi...eRodeo2002.JPG
JamesTeterenko
daddybearforex. com
  • #27,589
  • Feb 13, 2013 2:47pm Feb 13, 2013 2:47pm
good afternoon to you DB what do you think one more small drop (1.03)and then we are off up. It is sort of looking like the aud is a bit lost at the moment
  • #27,590
  • Feb 13, 2013 2:54pm Feb 13, 2013 2:54pm
Quoting arcticwolf
good afternoon to you DB what do you think one more small drop (1.03)and then we are off up. It is sort of looking like the aud is a bit lost at the moment

I think a drop is in the cards but may not be a small one. As to how high it will go is not very clear at this point before I do some studies.
daddybearforex. com
  • #27,591
  • Feb 13, 2013 3:08pm Feb 13, 2013 3:08pm
what is your thoughts on the rumblings about everyone hanging out for the G20 meeting on the weekend . That could make for a very interesting open on monday
  • #27,592
  • Feb 13, 2013 3:16pm Feb 13, 2013 3:16pm
Quoting arcticwolf
what is your thoughts on the rumblings about everyone hanging out for the G20 meeting on the weekend . That could make for a very interesting open on monday
Close all positions before the weekend.
daddybearforex. com
  • #27,593
  • Feb 14, 2013 12:19am Feb 14, 2013 12:19am
Man, this thread has lost some of its pizazz. Let's go! Wake up everybody!!
  • #27,594
  • Feb 14, 2013 12:28am Feb 14, 2013 12:28am
Quoting 2+2=4ex
Man, this thread has lost some of its pizazz. Let's go! Wake up everybody!!
Hi 4ex, yes DaddyBear has been very busy and all the action has been in EURJPY, but looks like Aussie is waking up, so will probably be back again soon.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #27,595
  • Feb 14, 2013 12:30am Feb 14, 2013 12:30am
Quoting 2+2=4ex
Man, this thread has lost some of its pizazz. Let's go! Wake up everybody!!
Morning
Sometimes it's better to be wrong,to learn..
  • #27,596
  • Feb 14, 2013 12:31am Feb 14, 2013 12:31am
Quoting KiNgEdwarD
Morning

Good Evening.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #27,597
  • Feb 14, 2013 1:30am Feb 14, 2013 1:30am
Aaah...i'm just wondering, do all broker give positive interet/swap if we buy AU$? and vice versa?

TIA.
  • #27,598
  • Feb 14, 2013 1:53am Feb 14, 2013 1:53am
Quoting azzam
Aaah...i'm just wondering, do all broker give positive interet/swap if we buy AU$? and vice versa?

TIA.
It depends, some brokers are casino themselves so they don't charge swap, but brokers that's actually dealing for you or dealing in the market, don't pay you when u sell against AUD, because AUD has one of the highest interest rate among these few main currencies pair, so you get charge higher than what you get when you hold a buy AUD.
  • #27,599
  • Feb 14, 2013 3:50am Feb 14, 2013 3:50am
Quoting 5percent
It depends, some brokers are casino themselves so they don't charge swap, but brokers that's actually dealing for you or dealing in the market, don't pay you when u sell against AUD, because AUD has one of the highest interest rate among these few main currencies pair, so you get charge higher than what you get when you hold a buy AUD.
Oow, thanx...because i cant stop thinking who will sell aud before it reach overbought teritory. Even it is overbought, then some (big) people will still buy aud just because of the swap.
  • #27,600
  • Feb 14, 2013 3:59am Feb 14, 2013 3:59am
If it doubt, buy the AUD

Youll win in the end, + Swap
Even the worst trade can close with profit. Just give it time.
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