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AUD/USD

  • #57,921
  • May 1, 2013 8:31pm May 1, 2013 8:31pm
Quoting k3nshinz3139
I have close all my position. Rest rest.. haha Place order long 1.0225 TP 1.03 area..
Pending long position ??
Love for all; Hatred for none.
  • #57,922
  • May 1, 2013 8:35pm May 1, 2013 8:35pm
If we get bad china data i will hold on to my shorts a little longer I think
  • #57,923
  • May 1, 2013 8:37pm May 1, 2013 8:37pm
Quoting aahmad29
{quote} Pending long position ??
Yes.. Bear not strong enough.. SL 1.018...
Haven't hit my order.. hhaha
  • #57,924
  • May 1, 2013 8:41pm May 1, 2013 8:41pm
I've got my stop to B.E
FF journal: Peaks and Troffs
  • #57,925
  • May 1, 2013 8:48pm May 1, 2013 8:48pm
May get out of some positions and I think i might hold on to most of the , chances of a rate cut in next week are on the cards IMO.
  • #57,926
  • May 1, 2013 9:05pm May 1, 2013 9:05pm
Quoting k3nshinz3139
{quote} Yes.. Bear not strong enough.. SL 1.018... Haven't hit my order.. hhaha
my short at 333 close at 250 thanks u mate
Trade with passion
  • #57,927
  • May 1, 2013 9:08pm May 1, 2013 9:08pm
buy at current price 1.0253 ST: 1.0239 TP: 1.03 area
  • #57,928
  • May 1, 2013 10:02pm May 1, 2013 10:02pm
sportsbet.com.au odds have gone from 1.29 out to 1.65 for a rate hold after the latest news. Hint hint
  • #57,929
  • May 1, 2013 10:04pm May 1, 2013 10:04pm
Quoting feather
sportsbet.com.au odds have gone from 1.29 out to 1.65 for a rate hold after the latest news. Hint hint
Mind explaining this to someone who has absolutely no idea what that means?
"If you won't risk the usual, you'll have to settle for the ordinary."
  • #57,930
  • May 1, 2013 10:07pm May 1, 2013 10:07pm
I'd like to wait for a decent retrace to get back in but the recent Aud news was way lower than expected... wondering if that will push this pair lower tomorrow instead of allowing it to retrace some.

Either way I should probably sideline this pair until I see some movement in the opposite direction.

...will allow for better r/r anyway.
"If you won't risk the usual, you'll have to settle for the ordinary."
  • #57,931
  • May 1, 2013 10:21pm May 1, 2013 10:21pm
Quoting livethedream
{quote} Mind explaining this to someone who has absolutely no idea what that means?
Well you can bet with sportsbet.com.au wether there will be a rate cut or not.

Their odds for a hold last week were 1.16, today it is 1.65. Odds for a rate cut has been bought into 2.00.

You can also bet on the Royal specials - Name of the first child. Gavin in paying 501-1 if your interested lol.
  • #57,932
  • May 1, 2013 11:23pm May 1, 2013 11:23pm
Does it mean more expectation on a rate cut?
  • #57,933
  • May 2, 2013 2:25am May 2, 2013 2:25am
My thoughts on AUDUSD

For what they are worth..... !!
Attached Image (click to enlarge)
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  • #57,934
  • May 2, 2013 2:35am May 2, 2013 2:35am
Quoting scorbetFX
My thoughts on AUDUSD For what they are worth..... !! {image}
Nicely done
FF journal: Peaks and Troffs
  • #57,935
  • May 2, 2013 2:48am May 2, 2013 2:48am
Quote
My thoughts on AUDUSD

For what they are worth..... !!

Good job
  • #57,936
  • May 2, 2013 2:53am May 2, 2013 2:53am
Quoting feather
sportsbet.com.au odds have gone from 1.29 out to 1.65 for a rate hold after the latest news. Hint hint
Below is a far better guide to expectations regarding potential changes to Australian Interest Rates (it also eliminates any built-in Bookmakers margin) ;

http://www.asx.com.au/sfe/targetratetracker.htm

It's the ASX 30-Day Interbank Cash Rate Futures contract , expressed in percentage terms of any likely change in Interest Rates
at the next RBA Board Meeting .
The likelihood of a 25 bps cut has moved from 36% yesterday to 55% today .
  • #57,937
  • May 2, 2013 2:56am May 2, 2013 2:56am
Quoting bogus
{quote} Nicely done
Quoting tommytimms
{quote} Good job
Cheers

I post all my trading ideas on twitter.com/scorbetFX

be interested to hear peoples thoughts
  • #57,938
  • May 2, 2013 4:32am May 2, 2013 4:32am
So, what's the verdict?

Are we having a rate cut or not?

I'm tipping not as they have toyed with the idea for the past 4 months with no change.
  • #57,939
  • May 2, 2013 5:18am May 2, 2013 5:18am
Quoting Mozzy
So, what's the verdict? Are we having a rate cut or not? I'm tipping not as they have toyed with the idea for the past 4 months with no change.
no idea. but i expect aud to spring to life anytime.
  • #57,940
  • May 2, 2013 6:40am May 2, 2013 6:40am
Halcyon days for the $A are over - Shane Oliver, AMP chief economist

http://www.theaustralian.com.au/busi...-1226634049077
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