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  • #74,281
  • Mar 12, 2014 7:28pm Mar 12, 2014 7:28pm
Quoting palabara
Okay so here is my theory lol and its just a theory.. I devised. Maybe very wrong or a bit right. China has like really bad data and we know that AUD is in league with China -- So before all this data I'm sure that AUD must have felt some of the presence of lack of demand from their neighbors which could have kept employment SOFTER. Just a theory.. but in rational thinking terms.. If you know that Demand for your business is not booming, you will wait to hire.. Maybe just an idea. SO maybe reports won't be AS expected and just lower? MAYBE who knows....
Are you shorting AU too? LOL China has bad data yes, but it's IMPORTING more than exporting. And where's it importing from besides NZ? For this one, I am bullish.
Make your losses in demo. Earn your profits live.
  • #74,282
  • Mar 12, 2014 7:28pm Mar 12, 2014 7:28pm
So it must be known that the data will be good because AU going up before news....
  • #74,283
  • Mar 12, 2014 7:28pm Mar 12, 2014 7:28pm
Quoting Forexia
{quote} Are you shorting AU too? LOL China has bad data yes, but it's IMPORTING more than exporting. And where's it importing from besides NZ? For this one, I am bullish.
I don't know.. Will see in 1 min 20 seconds.
There are those who know, and there are those who don't know.
  • #74,284
  • Mar 12, 2014 7:29pm Mar 12, 2014 7:29pm
Quoting mm2mm
So it must be known that the data will be good because AU going up before news....
I wish it was that simple roflmao! Then We'd all be following that lead.
There are those who know, and there are those who don't know.
  • #74,285
  • Mar 12, 2014 7:30pm Mar 12, 2014 7:30pm
Quoting Forexia
{quote} Are you shorting AU too? LOL China has bad data yes, but it's IMPORTING more than exporting. And where's it importing from besides NZ? For this one, I am bullish.
My theory was wrong lol
There are those who know, and there are those who don't know.
  • #74,286
  • Mar 12, 2014 7:30pm Mar 12, 2014 7:30pm
thank god i wasnt short for that
Twitter: @TrendersGame
  • #74,287
  • Mar 12, 2014 7:33pm Mar 12, 2014 7:33pm
Quoting palabara
{quote} I wish it was that simple roflmao! Then We'd all be following that lead.
Haha well i said it sarcastically ...

and there goes all my profits this week....... fukk
  • #74,288
  • Mar 12, 2014 7:33pm Mar 12, 2014 7:33pm
Quoting palabara
{quote} My theory was wrong lol
Did you get out?!!!
Make your losses in demo. Earn your profits live.
  • #74,289
  • Mar 12, 2014 7:34pm Mar 12, 2014 7:34pm
Feb Employment Change +47k vs estimates of +16k. Unemployment Rate steady at 6.0% as forecasted.
  • #74,290
  • Mar 12, 2014 7:36pm Mar 12, 2014 7:36pm
Quoting ffleo
{quote} lol, told you guys so.
lol, i told you guys so
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #74,291
  • Mar 12, 2014 7:37pm Mar 12, 2014 7:37pm
Can't keep a good aussie down. Well done bulls. Have to admit, the data is coming in good and is at odds with what I see in the chart.
I am...puzzled.
I have no clue what I'm talking about.
  • #74,292
  • Mar 12, 2014 7:39pm Mar 12, 2014 7:39pm
Well, that's closed a small gap on the AUD futures from Sunday night's open. Now what, hmm.
I have no clue what I'm talking about.
  • #74,293
  • Mar 12, 2014 7:39pm Mar 12, 2014 7:39pm
Quoting mm2mm
{quote} Haha well i said it sarcastically ... and there goes all my profits this week....... fukk
Yeah man I am in the same boat, just lost my profit for the week on that one. Shitty but oh well
All posts are my personal opinion
  • #74,294
  • Mar 12, 2014 7:40pm Mar 12, 2014 7:40pm
Great move AUD, Was looking good from 30min prior to release. Data was either leaked or a lot of people like to gamble ;-)

Now sitting at 130pips profit for the morning. Time for breaky and a round of golf!. Oh hang on I'm at work :-( not quite a millionaire yet :-(

Edit: 5hours we'll see another move so keep an eye out ;-)
Enter Signature
  • #74,295
  • Mar 12, 2014 7:41pm Mar 12, 2014 7:41pm
Nice call for ffleo.

Chart making higher lows, hard to fight that. The abrupt turn around is another bullish signal. I might play it long AUDCAD.
Twitter: @TrendersGame
  • #74,296
  • Mar 12, 2014 7:42pm Mar 12, 2014 7:42pm
Quoting ffleo
{quote} rationale for my call: strong weekly divergence. cluster of supports below. {image}
when there is weekly divergence, pay attention.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #74,297
  • Mar 12, 2014 7:45pm Mar 12, 2014 7:45pm
Quoting Forexia
{quote} Are you shorting AU too? LOL China has bad data yes, but it's IMPORTING more than exporting. And where's it importing from besides NZ? For this one, I am bullish.
Man if I had pulled the trigger on my theory. I would've been at least 60 pips richer. Oh well.
Make your losses in demo. Earn your profits live.
  • #74,298
  • Mar 12, 2014 7:46pm Mar 12, 2014 7:46pm
anybody see any steam left in this move??
  • #74,299
  • Mar 12, 2014 7:47pm Mar 12, 2014 7:47pm
I am adding to my short right here. I think this is a very good place to be short from, with a tight stop.
I have no clue what I'm talking about.
  • #74,300
  • Mar 12, 2014 7:49pm Mar 12, 2014 7:49pm
Quoting Boy Wonder
I am adding to my short right here. I think this is a very good place to be short from, with a tight stop.
Same
The coincidental success is more dangerous than the expected failure
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