We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
{quote} Just out of curiosity, what stake do you have in this other than that you are long the pair? For example, do you have political allegiances with the current ruling party? Do you have a stake in the Australian mining industry? Did RBA Governor Stevens have an affair with your wife?etc etc.
No other stake
) I believe we now have a mid term low in place and upside to resume from here
- #68,746
- Oct 30, 2013 5:09pm Oct 30, 2013 5:09pm
Hmm what to do with AUD/NZD, “The exchange rate remains high and is a headwind to the traded goods sector. Sustained strength in the exchange rate that leads to lower inflationary pressure would provide the Bank with greater flexibility as to the timing and magnitude of future increases in the OCR. Fiscal consolidation is also expected to continue weighing on demand over the next few years.
“Although we expect to keep the OCR unchanged in 2013, OCR increases will likely be required next year. The extent and timing of the rise in the policy rate will depend largely on the degree to which the momentum in the housing market and construction sector spills over into broader demand and inflation pressures.”
Looking like we're in for a bull run in NZD
still have a bullish divergence on the 4HR and support at 1.1430. A close below that and I think I'll have to bale.
“Although we expect to keep the OCR unchanged in 2013, OCR increases will likely be required next year. The extent and timing of the rise in the policy rate will depend largely on the degree to which the momentum in the housing market and construction sector spills over into broader demand and inflation pressures.”
Looking like we're in for a bull run in NZD
still have a bullish divergence on the 4HR and support at 1.1430. A close below that and I think I'll have to bale. 
- #68,747
- Oct 30, 2013 7:34pm Oct 30, 2013 7:34pm
- Joined Mar 2007 | Status: Symbol | 2,788 Posts
FF journal: Peaks and Troffs
- #68,749
- Oct 30, 2013 7:38pm Oct 30, 2013 7:38pm
- Joined Aug 2008 | Status: Trader | 3,386 Posts
AUD/USD .9485
Its hard for the RBA to keep jawboning the currency lower when they get a massive building approval number.
Pissing in the wind ..
However
Sellers coming in at .9510-20 level which will ruin the
for now
Its hard for the RBA to keep jawboning the currency lower when they get a massive building approval number.
Pissing in the wind ..
However
Sellers coming in at .9510-20 level which will ruin the
for now
- #68,750
- Oct 30, 2013 7:39pm Oct 30, 2013 7:39pm
- Joined Oct 2012 | Status: Chart can tell you everything! | 1,721 Posts
Stevens is mentions previous data is not support the high.. This number should be can support until .96..
Next week is RBA statement... wait and see..
Next week is RBA statement... wait and see..
- #68,751
- Oct 30, 2013 7:41pm Oct 30, 2013 7:41pm
- Joined Mar 2007 | Status: Symbol | 2,788 Posts
{quote} Wow! Extremely good numbers
I would have thought with the good numbers it would have shot up
I'm long AU and short EA now.
FF journal: Peaks and Troffs
{quote} I would have thought with the good numbers it would have shot up
9570 ish will be somewhat of a speed bump assuming 9520 area gives way
- #68,753
- Oct 30, 2013 7:50pm Oct 30, 2013 7:50pm
- | Joined Oct 2012 | Status: sutatS | 3,461 Posts
Stevens is mentions previous data is not support the high.. This number should be can support until .96.. Next week is RBA statement... wait and see..
close above 952 for this week should give bulls the opportunity to test 99..
but volume will be really thin as we are approaching summer and holiday season...
yawnnn
- #68,754
- Oct 30, 2013 7:51pm Oct 30, 2013 7:51pm
- Joined Oct 2012 | Status: Chart can tell you everything! | 1,721 Posts
- #68,755
- Oct 30, 2013 7:52pm Oct 30, 2013 7:52pm
- Joined Mar 2007 | Status: Symbol | 2,788 Posts
FF journal: Peaks and Troffs
- #68,756
- Oct 30, 2013 7:54pm Oct 30, 2013 7:54pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those numbers look good.
{quote} Wow! Extremely good numbers
AUD/USD .9485 Its hard for the RBA to keep jawboning the currency lower when they get a massive building approval number. Pissing in the wind .. However Sellers coming in at .9510-20 level which will ruin the
Stevens is mentions previous data is not support the high.. This number should be can support until .96.. Next week is RBA statement... wait and see..
Those who say it cannot be done should not interrupt those who are doing it
- #68,757
- Oct 30, 2013 7:57pm Oct 30, 2013 7:57pm
- Joined Oct 2012 | Status: Chart can tell you everything! | 1,721 Posts
- #68,758
- Oct 30, 2013 8:01pm Oct 30, 2013 8:01pm
- Joined Oct 2012 | Status: Chart can tell you everything! | 1,721 Posts
- #68,759
- Oct 30, 2013 8:02pm Oct 30, 2013 8:02pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} I would have thought with the good numbers it would have shot up
Short E/A should be good for a long run down to range low around 1.4210
Again, only my opinion... not a trade recommendation.
Those who say it cannot be done should not interrupt those who are doing it
- #68,760
- Oct 30, 2013 8:08pm Oct 30, 2013 8:08pm
- Joined Mar 2007 | Status: Symbol | 2,788 Posts
{quote} My opinion: Long A/U should be good till 9570/80 Short E/A should be good for a long run down to range low around 1.4210 Again, only my opinion... not a trade recommendation.
1.4412 is the level I'd like to see EA break. Might coincide with AU .9570
Fundamentals aren't my bag
FF journal: Peaks and Troffs