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AUD/USD

Quoting MJBhinder
{image}
Good question!

My guess is that .78 will be given another workout, and then off to the races when RBA statement comes out Tuesday...
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http://www.efxnews.com/story/28854/aud-rba-bnpp
if they cut then the drop will be good but not extraordinary. If they don't after so much hyping, asx wil drop but aussie will enter a new era. Best chance to enter would be missed.
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I think they will hold rates. RBA was worried about it getting above 80 but it's pulled back and staying. USD has steadied after the first quarter news that was weaker than expected that combined small rise in ore it's about the level it should be (up from the 75.xx lows). They can wait another month until they get a clearer direction on what is happening in regards to both of these points. AU budget is out soon and might help achieve what RBA is looking for.
either down&up or up&down guys..Choose one of them... Trade wisely..
When Scalpers win, I lose and Vice varsa...
Trade this news at your own peril, no doubt the big boys will look to screw over many with odd spikes before the pair picks a direction
wonder why the bank persistent with 0.25% change when 0.1% or 0.05% is what they need
Quoting Gwan
wonder why the bank persistent with 0.25% change when 0.1% or 0.05% is what they need
They are trying to decrease the rates as much as possible before FED lifting the rates..

Commodities to go down...global inflation to go down...
When Scalpers win, I lose and Vice varsa...
Quoting Goldflake
either down&up or up&down guys..Choose one of them... Trade wisely..
I'm hoping for down then up (I make more money with that sequence at present) but preparing for either.
Hope for the best, prepare for the worst.
Quoting Goldflake
either down&up or up&down guys..Choose one of them... Trade wisely..
Pending Set
UP & DOWN
A good trader follows his rules, but great trader knows when to break them
Quoting Fadadio
Trade this news at your own peril, no doubt the big boys will look to screw over many with odd spikes before the pair picks a direction
Why would it spike in the wrong direction & then go the opposite direction?
If they cut, the AUD will go down, if they hold, the AUD will go up, there won't be any spike.
Quoting ill_be_back
{quote} Pending Set UP & DOWN
ow....nice anticipation, good luck brother
I just received leaked information 15 minutes before the RBA announcement, they will hold the the cash rate, buy buy buy buy.
Quoting Vorex
I just received leaked information 15 minutes before the RBA announcement, they will hold the the cash rate, buy buy buy buy.
Jokes
Recent rate decisions have been rigged, all u need do is wait 3 seconds to the news and u'll know what direction to trade, this is what happened the last time.
Quoting Shai1122
{quote} Jokes
would love to see this tank, got a bet with good friend for a nice penny
All posts are my personal opinion
Quoting Vorex
I just received leaked information 15 minutes before the RBA announcement, they will hold the the cash rate, buy buy buy buy.
funny
Quoting mamalujo
Recent rate decisions have been rigged, all u need do is wait 3 seconds to the news and u'll know what direction to trade, this is what happened the last time.
if it goes the opposite direction.. are you going to say it is rigged as well? or SL hunt??
Quoting mamalujo
Recent rate decisions have been rigged, all u need do is wait 3 seconds to the news and u'll know what direction to trade, this is what happened the last time.
3 seconds to the news, the spreads are too wide, no point in trading.
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