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  • #31,601
  • Jun 4, 2013 9:10pm Jun 4, 2013 9:10pm
Quoting tashkent
now the picture is much clear, it will have some resistance at 9.570, will break it and head to 0.93x. nothing much to expect from aussie with this PA and negative news unless proven otherwise tomorrow.

ok that's your opinion and you can trade it but I'd rather be here than anywhere else in the world
Have a nice day
  • #31,602
  • Jun 4, 2013 9:13pm Jun 4, 2013 9:13pm
Quoting Murdetrain
{quote} good luck with your bankrupt goals of 2013, rofl 0.4% gdp, gj bro never trade the news especially with a garbage economy like aussie
Yes I'm going bankrupt in 2013 how did you know. I was just giving my thoughts buddy, and if it fails 96 today then i will be proven wrong. But if it doesn't I will be proven right. AUD is not a garbage economy it is quite stable actually but a little overheated. Europe on the other hand is what you call a garbage economy.
  • #31,603
  • Jun 4, 2013 9:16pm Jun 4, 2013 9:16pm
Quoting billv
{quote} ok that's your opinion and you can trade it but I'd rather be here than anywhere else in the world
And that has nothing to do with FX lol. I'd love to go to Australia but I'd hate to have net long positions right now.
When the facts change I change my mind, what do you do sir
  • #31,604
  • Jun 4, 2013 9:18pm Jun 4, 2013 9:18pm
Quoting feather
{quote} Yes I'm going bankrupt in 2013 how did you know. I was just giving my thoughts buddy, and if it fails 96 today then i will be proven wrong. But if it doesn't I will be proven right. AUD is not a garbage economy it is quite stable actually but a little overheated. Europe on the other hand is what you call a garbage economy.
Yes i agree..
AUD economy is not as bad as what people think..
RBA is doing what has to be done.. rebalance the economy.. we are seeing that today.. housing spending increase, dwelling increase..

in mining sector, we are moving from investment to producer..
iron ore is priced in USD, lower AUD means higher income..
  • #31,605
  • Jun 4, 2013 9:20pm Jun 4, 2013 9:20pm
Quoting Pip Anon
{quote} And that has nothing to do with FX lol. I'd love to go to Australia but I'd hate to have net long positions right now.
its funny how they say high AUD is no no to the economy..
IMO, its the high salary and union that killed manufacturing industry.
  • #31,606
  • Jun 4, 2013 9:22pm Jun 4, 2013 9:22pm
Quoting forexalien
{quote} Is she singing on that 30 pip drop yet.........?

That was a fun exchange. Just looking for some hard to come by credibility. Thanks for the great input.
You can hand some traders tomorrows Wall Street Journal and they would lose
  • #31,607
  • Jun 4, 2013 9:28pm Jun 4, 2013 9:28pm
Quoting Pip Anon
{quote} I'd hate to have net long positions right now.

Depends on your timeframe, I just went long for a bit on AU and NU
I'll move my stop to BE shortly
Have a nice day
  • #31,608
  • Jun 4, 2013 9:34pm Jun 4, 2013 9:34pm
DB's H1 Forex Map
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 27 KB
daddybearforex. com
  • #31,609
  • Jun 4, 2013 9:38pm Jun 4, 2013 9:38pm
Hi DB
Can you move that cloud on the right?
Its obstructing the blue line
Have a nice day
  • #31,610
  • Jun 4, 2013 9:41pm Jun 4, 2013 9:41pm
Quoting billv
{quote} Depends on your timeframe, I just went long for a bit on AU and NU I'll move my stop to BE shortly
I can give you that. I meant net-longs. I don't mind short-term hedging or maybe a little pip generation, but it doesn't necessarily change my overall outlook.

I do not like to overtrade trying to catch potential movements intraday. I do applaud those that can on a consistent basis
When the facts change I change my mind, what do you do sir
  • #31,611
  • Jun 4, 2013 9:44pm Jun 4, 2013 9:44pm
Quoting HelloOz
{quote} its funny how they say high AUD is no no to the economy.. IMO, its the high salary and union that killed manufacturing industry.
Yes I agree Union has killed it.
  • #31,612
  • Jun 4, 2013 9:45pm Jun 4, 2013 9:45pm
Quoting HelloOz
{quote} its funny how they say high AUD is no no to the economy.. IMO, its the high salary and union that killed manufacturing industry.
Lol, that's what they tell us. I'd love to see Australia, though. Speaking of high salaries, I spoke with an Aussie maybe 8 months back. He said his girlfriend was a secretary making 200k a year. Whaaaat? He also said cost of living was mental. Unions jack up business in the states all the time.

Chicago teachers striked for like an 8% pay increase. It closed down the schools for a week. Kids had no where to go, and the parents couldn't go to work. That send ripples through the local economy for sure. Less money earned, less money spent.
When the facts change I change my mind, what do you do sir
  • #31,613
  • Jun 4, 2013 9:47pm Jun 4, 2013 9:47pm
Quoting Pip Anon
{quote} Lol, that's what they tell us. I'd love to see Australia, though. Speaking of high salaries, I spoke with an Aussie maybe 8 months back. He said his girlfriend was a secretary making 200k a year. Whaaaat? He also said cost of living was mental. Unions jack up business in the states all the time. Chicago teachers striked for like an 8% pay increase. It closed down the schools for a week. Kids had no where to go, and the parents couldn't go to work. That send ripples through the local economy for sure. Less money earned, less money spent.
She must be a good secretary
  • #31,614
  • Jun 4, 2013 9:49pm Jun 4, 2013 9:49pm
When Major here say Bear,
Then Bull Coming?
  • #31,615
  • Jun 4, 2013 9:52pm Jun 4, 2013 9:52pm
Quoting feather
{quote} She must be a good secretary
Hahaha I guess so. I guess her boss got his "fringe benefits"
When the facts change I change my mind, what do you do sir
  • #31,616
  • Jun 4, 2013 9:53pm Jun 4, 2013 9:53pm
Quoting livingston12
When Major here say Bear, Then Bull Coming?

Are you FADING Daddy Bear? Unwise.
You can hand some traders tomorrows Wall Street Journal and they would lose
  • #31,617
  • Jun 4, 2013 9:55pm Jun 4, 2013 9:55pm
Quoting billv
Hi DB Can you move that cloud on the right? Its obstructing the blue line
Whether or not the cloud is moved, the blue line won't go too far IMO.
daddybearforex. com
  • #31,618
  • Jun 4, 2013 9:56pm Jun 4, 2013 9:56pm
Quoting Tradersnest
{quote} Are you FADING Daddy Bear? Unwise.
Fade at the wrong time and get your face stepped on!
When the facts change I change my mind, what do you do sir
  • #31,619
  • Jun 4, 2013 9:56pm Jun 4, 2013 9:56pm
Quoting Pip Anon
{quote} Lol, that's what they tell us. I'd love to see Australia, though. Speaking of high salaries, I spoke with an Aussie maybe 8 months back. He said his girlfriend was a secretary making 200k a year. Whaaaat? He also said cost of living was mental. Unions jack up business in the states all the time..
I don't know which planet he was referring to but in Australia secretaries don't earn this much.
The norm would be around $50K but could go up depending on responsibility and skills...
Have a nice day
  • #31,620
  • Jun 4, 2013 10:06pm Jun 4, 2013 10:06pm
Quoting billv
{quote} I don't know which planet he was referring to but in Australia secretaries don't earn this much. The norm would be around $50K but could go up depending on responsibility and skills...
Oh you'd know more than I. I thought that was a bit absurd myself. However, I did see than at least during the mining boom, workers would make six figures as an "entry level" position.
When the facts change I change my mind, what do you do sir
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