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AUD/USD

  • #70,501
  • Dec 12, 2013 1:57am Dec 12, 2013 1:57am
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  • #70,502
  • Dec 12, 2013 2:08am Dec 12, 2013 2:08am
Eventually, RBA will stop talking down AUD.

To rescue AU manufacturing industry require Australian people become cheap labour, how cheap? at least AUD drop down to 0.6. But at that low level AUD will bring other bad consequences.

GM quit from Australia and Liberty stop giving tax-payer's money to that company means manufacture industry is not Australian future. So lower down AUD won't help anything.

RBA already stop talking down AUD when they interviewed WSJ.
  • #70,503
  • Dec 12, 2013 4:55am Dec 12, 2013 4:55am
Quoting zew
Eventually, RBA will stop talking down AUD. To rescue AU manufacturing industry require Australian people become cheap labour, how cheap? at least AUD drop down to 0.6. But at that low level AUD will bring other bad consequences. GM quit from Australia and Liberty stop giving tax-payer's money to that company means manufacture industry is not Australian future. So lower down AUD won't help anything. RBA already stop talking down AUD when they interviewed WSJ.

WTF?-Can you speak and reason proper English? .6? Have you heard of the mining boom with Howard? AUD is back to the Gold/resource standard.
  • #70,504
  • Dec 12, 2013 5:00am Dec 12, 2013 5:00am
Quoting Cazadores
{quote} WTF?-Can you speak and reason proper English? .6? Have you heard of the mining boom with Howard? AUD is back to the Gold/resource standard.
RBA already stop talking down AUD when they interviewed WSJ.

It's time to rebound, buy zone.
  • #70,505
  • Dec 12, 2013 5:00am Dec 12, 2013 5:00am
Quoting 2+2=4ex
{image}
I see the triangle keep getting bigger.
  • #70,506
  • Dec 12, 2013 5:07am Dec 12, 2013 5:07am
Goodmorning! Just saw this orderflow's twitter: "Stops building through 0.9080".
other updates here: goo.gl/mJERCv

makes sense for buy stops to be there, looking at the chart:
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  • #70,507
  • Dec 12, 2013 7:23am Dec 12, 2013 7:23am
lulz
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Twitter: @TrendersGame
  • #70,508
  • Dec 12, 2013 7:23am Dec 12, 2013 7:23am
?
  • #70,509
  • Dec 12, 2013 7:24am Dec 12, 2013 7:24am
90 pips+ and going
  • #70,510
  • Dec 12, 2013 7:25am Dec 12, 2013 7:25am
Took off the last of my shors .8970 waiting for higher levels to get back in.


i seriously doubt this will get all the wa to 0.8500
Twitter: @TrendersGame
  • #70,511
  • Dec 12, 2013 7:32am Dec 12, 2013 7:32am
Thats it, RBA Governor wants Aussie to be at .85. No more fight.
The true fact is market doesn't care, risk mgt is important.
  • #70,512
  • Dec 12, 2013 7:33am Dec 12, 2013 7:33am
Aufwiedersen AUD/USD!!!!!
  • #70,513
  • Dec 12, 2013 7:33am Dec 12, 2013 7:33am
0.9050 area good for shorts
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Twitter: @TrendersGame
  • #70,514
  • Dec 12, 2013 7:33am Dec 12, 2013 7:33am
Just a short!!!!
  • #70,515
  • Dec 12, 2013 7:35am Dec 12, 2013 7:35am
On the buy side 84% - never good end for buyers
On the short side 16% - it is a sign for a short
  • #70,516
  • Dec 12, 2013 7:39am Dec 12, 2013 7:39am
I wouldnt get too invested on the short side here, the move has been made. It def will not go straight to 0.8500, especially now that hes made it clear thats the level he wants. Now theres basically no reason for it to trade below 0.8500. Will be massive bids closer to that level trying to restablish carry trades.
Twitter: @TrendersGame
  • #70,517
  • Dec 12, 2013 7:40am Dec 12, 2013 7:40am
Everybody is buying AUD/USD what is bad. It is time to big short!!!
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  • #70,518
  • Dec 12, 2013 7:42am Dec 12, 2013 7:42am
what just happened on aud usd closed postion -77pips whiped out 6 weeks of profit building??
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  • #70,519
  • Dec 12, 2013 7:42am Dec 12, 2013 7:42am
I was wondering,why everyone shout for long... My channel worked. +180pip
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  • #70,520
  • Dec 12, 2013 7:48am Dec 12, 2013 7:48am
Quoting Citiboy
...Now theres basically no reason for it to trade below 0.8500. Will be massive bids closer to that level trying to reestablish carry trades.
lets hope so
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