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AUD/USD

  • #90,181
  • May 4, 2015 5:32am May 4, 2015 5:32am
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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  • #90,182
  • May 4, 2015 6:00am May 4, 2015 6:00am
http://www.efxnews.com/story/28854/aud-rba-bnpp
  • #90,183
  • May 4, 2015 7:06am May 4, 2015 7:06am
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.
  • #90,184
  • May 4, 2015 8:34am May 4, 2015 8:34am
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  • #90,185
  • May 4, 2015 10:23pm May 4, 2015 10:23pm
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.
  • #90,186
  • May 4, 2015 10:46pm May 4, 2015 10:46pm
either down&up or up&down guys..Choose one of them... Trade wisely..
When Scalpers win, I lose and Vice varsa...
  • #90,187
  • May 4, 2015 10:48pm May 4, 2015 10:48pm
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
  • #90,188
  • May 4, 2015 10:51pm May 4, 2015 10:51pm
wonder why the bank persistent with 0.25% change when 0.1% or 0.05% is what they need
  • #90,189
  • May 4, 2015 10:56pm May 4, 2015 10:56pm
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...
  • #90,190
  • May 4, 2015 10:57pm May 4, 2015 10:57pm
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.
  • #90,191
  • May 4, 2015 11:02pm May 4, 2015 11:02pm
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
  • #90,192
  • May 4, 2015 11:11pm May 4, 2015 11:11pm
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.
  • #90,193
  • May 4, 2015 11:13pm May 4, 2015 11:13pm
Quoting ill_be_back
{quote} Pending Set UP & DOWN
ow....nice anticipation, good luck brother
  • #90,194
  • May 4, 2015 11:17pm May 4, 2015 11:17pm
I just received leaked information 15 minutes before the RBA announcement, they will hold the the cash rate, buy buy buy buy.
  • #90,195
  • May 4, 2015 11:22pm May 4, 2015 11:22pm
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
  • #90,196
  • May 4, 2015 11:23pm May 4, 2015 11:23pm
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.
  • #90,197
  • May 4, 2015 11:23pm May 4, 2015 11:23pm
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
  • #90,198
  • May 4, 2015 11:23pm May 4, 2015 11:23pm
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
  • #90,199
  • May 4, 2015 11:25pm May 4, 2015 11:25pm
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??
  • #90,200
  • May 4, 2015 11:27pm May 4, 2015 11:27pm
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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