GBPAUD: the "Sleeper Trade of the Month"!
On your AU H1 chart, look how the MMs have been bull swinging AU up - 175+ pips already - ahead of the coming AUD releases, two Asian sessions from now. Look at any higher TF chart and you can see the trend is down. GU has been going up similarly. But GA has been going down! Does this not seem strange; AU and GU both going up identically against the USD, but the GBP dropping precipitously against AUD? This is simple math: if C-A = C-B then the relationship between A & B is unchanged! Wake up, GA should be flat, not down! Yet, GA is down more than AU and GU are up!
AU and GU won't stay in sync. That could be what the MMs plan. GA could snap up, and the move could be huge. The likelihood is that the MMs are pumping up the Aussie while building GA longs. When the Aussie resumes falling, GA will soar up. This was all stated earlier.
Of course, it is speculation, which is all it can ever be. Time will tell, but if I am correct on this then a GA long setup might turn out to be the "Sleeper Trade of the Month".
-tah
On your AU H1 chart, look how the MMs have been bull swinging AU up - 175+ pips already - ahead of the coming AUD releases, two Asian sessions from now. Look at any higher TF chart and you can see the trend is down. GU has been going up similarly. But GA has been going down! Does this not seem strange; AU and GU both going up identically against the USD, but the GBP dropping precipitously against AUD? This is simple math: if C-A = C-B then the relationship between A & B is unchanged! Wake up, GA should be flat, not down! Yet, GA is down more than AU and GU are up!
AU and GU won't stay in sync. That could be what the MMs plan. GA could snap up, and the move could be huge. The likelihood is that the MMs are pumping up the Aussie while building GA longs. When the Aussie resumes falling, GA will soar up. This was all stated earlier.
Of course, it is speculation, which is all it can ever be. Time will tell, but if I am correct on this then a GA long setup might turn out to be the "Sleeper Trade of the Month".
-tah