AUD/USD | Page 4853 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

AUD/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply

The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies

AUD Trade Balance and AUD Retail sales 6 replies

Attachments: AUD/USD
Exit Attachments

AUD/USD

  • #97,041
  • May 9, 2016 12:10am May 9, 2016 12:10am
Has to show some vigor above .7384 ish for me to go long.
FF journal: Peaks and Troffs
  • #97,042
  • May 9, 2016 12:52am May 9, 2016 12:52am
Quoting lasty
{quote} Im not getting into a political rant with a left wing labor hack but read whats been said and not been denied by Shorten or Marles. http://www.heraldsun.com.au/news/lab...story-comments
Lol The Herald Scum is hardly a paper worth reading. Blatantly biased Murdock rag.
Don't get mad, get even!
  • #97,043
  • May 9, 2016 1:02am May 9, 2016 1:02am
oh so true, Murdock will run the same campaign as last time to get his mates in again
  • #97,044
  • May 9, 2016 1:15am May 9, 2016 1:15am
Quoting lasty
{quote} Im not getting into a political rant with a left wing labor hack but read whats been said and not been denied by Shorten or Marles. http://www.heraldsun.com.au/news/lab...story-comments
As I said - I don't support either party, nor do I subscribe to trash publications, and lastly - you actually started this - not me. As I said, keep the discussion on topic and stop spouting nonsense.

Quoting zew
{quote} Technically, this pair needs some consolidation around this position. AUDUSD mid term fundamental things have been changed. Market thought RBA cared about Job rates rather than inflation rate. Now, RBA told market they want to cut rate to achieve inflation target. in this case, one cut is far from enough, it require at least another 3 cuts. As major banks suggested RBA to do another cut by August.
In regards to the major banks, I think it's more hope and pleading than analysis. If RBA cuts more, it will be because they perceive significant weakness in the economy - which is sure to arrive as this commodities dead cat bounce ends. But when it does so and how sharply as anyone's guess.
  • #97,045
  • May 9, 2016 1:16am May 9, 2016 1:16am
Quoting PaulDaemon
{quote} They dont have a choice, where do you think they will get money from to make payment for the 500 billion $ deficit we have. Aus gov are being put under pressure from the RBA and banks to do something. Only way is to increase tax or make cuts. Either way it will curb the flow of money, which will lower AUD. Making cuts mean less jobs higher taxes mean less money to spend. But of course for the no working Australian the will have money to spend from the hand outs. Not having a dig or anything everyone is entitled to their own opinion. Labour...
It's Labor. Labour is in the UK but anyway, taxes as percentage of GDP have been higher under Abbott and Turnbull than under Rudd and Gillard and are projected in Morrisson's budget to rise above 23% in the next two years which is the highest ever so all this bs about labor taxing more is just that, opinionated bs.
Just don't let facts get in the way of your ill-informed opinions.
Attached Image (click to enlarge)
Click to Enlarge Name: image-20150524-32562-1knsuxb.PNG Size: 124 KB
Don't get mad, get even!
  • #97,046
  • May 9, 2016 1:32am May 9, 2016 1:32am
Quoting stulic
{quote} It's Labor. Labour is in the UK but anyway, taxes as percentage of GDP have been higher under Abbott and Turnbull than under Rudd and Gillard and are projected in Morrisson's budget to rise above 23% in the next two years which is the highest ever so all this bs about labor taxing more is just that, opinionated bs. Just don't let facts get in the way of your ill-informed opinions. {image}
Im not debating who is increasing taxes more and I never said anything about "Labor" taxing more than libs. I simply said it don't matter who gets in taxes are going up. But "Labor" will take from the hard working and give to the no working. They will create useless jobs and create project out of thin air.
20 Pips a day keeps centerlink away
  • #97,047
  • May 9, 2016 1:43am May 9, 2016 1:43am
Quoting PaulDaemon
{quote} Im not debating who is increasing taxes more and I never said anything about "Labor" taxing more than libs. I simply said it don't matter who gets in taxes are going up. But "Labor" will take from the hard working and give to the no working. They will create useless jobs and create project out of thin air.
Being wealthy doesn't necessarily equal hard working. The gap between the rich and poor is widening more than ever when the unemployment benefits are not sufficient enough to even cover the rent in most cities.
I don't understand this lowering taxes for businesses with a billion dollar turnover, that's not a small business by any measure if you ask me.
Also what's a useless job? I know that the public service can be overbloated and there's a lot of waste going on there, but then again purely economically speaking, the money these people earn feeds back into the economy and encourages spending. Canberra went into recession when Howard came in and slashed over 20,000 public service jobs, the whole city depends on it so there's always the other side of the coin.
Don't get mad, get even!
  • #97,048
  • May 9, 2016 1:54am May 9, 2016 1:54am
Quoting stulic
{quote} Also what's a useless job?
Making indicators for BMW.
  • #97,049
  • May 9, 2016 2:04am May 9, 2016 2:04am
Useless jobs... are exactly what you mentioned. 1st thing that comes to mind Rudds fuel watch. Why as a tax payer we have to pay millions per year just for someone to tell us the price of fuel when we can see it every day at the pump. This is useless jobs and there are 100's of them created by labor. The insulation scheme another again millions wasted. You know there were 1000's of houses that that didnt even need insulation but got it anyway what a big scam that was. There is too many to list. They create organizations to monitor other organizations that do monitoring. Its so ridiculous.

1st you have to look at who actually employs.

Does the average person employ anyone? Well maybe indirectly when the spend their money.

If large cooperations and business cannot make a profit and expand they will either close up shop or move over seas.

Just imagine if Rudd got elected again. Have you seen the chaos in Europe with the refugees. Would you want that here? There would of been 100,000 plus coming here every year. This is enough reason alone to vote for Abbot.
20 Pips a day keeps centerlink away
  • #97,050
  • May 9, 2016 2:22am May 9, 2016 2:22am
Quoting PaulDaemon
Useless jobs... are exactly what you mentioned. 1st thing that comes to mind Rudds fuel watch. Why as a tax payer we have to pay millions per year just for someone to tell us the price of fuel when we can see it every day at the pump. This is useless jobs and there are 100's of them created by labor. The insulation scheme another again millions wasted. You know there were 1000's of houses that that didnt even need insulation but got it anyway what a big scam that was. There is too many to list. They create organizations to monitor other organizations...
I couldn't care less we have plenty of space for another 20 million of people and our growth depends largely on immigration.
Don't get mad, get even!
  • #97,051
  • May 9, 2016 2:26am May 9, 2016 2:26am
Quoting stulic
{quote} I couldn't care less we have plenty of space for another 20 million of people and our growth depends largely on immigration.
Pointless gdp growth while productivity suffers with lower and lower per capita gdp, longer commute times, longer hospital queues, larger school classes, more strain on infrastructure...

Sounds fantastic!

Population growth = lazy growth.
  • #97,052
  • May 9, 2016 2:29am May 9, 2016 2:29am
Quoting Starcraftmaz
{quote} Pointless gdp growth while productivity suffers with lower and lower per capita gdp, longer commute times, longer hospital queues, larger school classes, more strain on infrastructure... Sounds fantastic! Population growth = lazy growth.
It could be done by forcing new migrants to settle in remote areas instead of all flocking to Sydney and Melbourne. Also invest more in infrastructure according to population growth.
Don't get mad, get even!
  • #97,053
  • May 9, 2016 2:30am May 9, 2016 2:30am
Quoting stulic
{quote} I couldn't care less we have plenty of space for another 20 million of people and our growth depends largely on immigration.
Why exactly? Please explain how immigration helps economic growth? Provide any evidence to back up your claims?
  • #97,054
  • May 9, 2016 2:31am May 9, 2016 2:31am
Quoting mrhigurashi
{quote} Why exactly? Please explain how immigration helps economic growth? Provide any evidence to back up your claims?
Two words, real estate.
Don't get mad, get even!
  • #97,055
  • May 9, 2016 2:37am May 9, 2016 2:37am
Quoting heispark
{quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-05-09_18-37-23.png Size: 65 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #97,056
  • Edited 3:52am May 9, 2016 2:39am | Edited 3:52am
AN 4h
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-05-09_18-36-22.png Size: 50 KB

- OR -
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-05-09_18-47-05.png Size: 45 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #97,057
  • May 9, 2016 2:41am May 9, 2016 2:41am
Quoting stulic
{quote} Two words, real estate.
You obviously have no idea of the Muslim mind set.

The Muslim population are the largest group on benefits. They dont want to work. They dont want to fit in and they create more gov spending. They dont create growth as they send their money over seas so more can buy a boat ticket. I want educated people with high moral standard living here. Not blood suckers.

you have the wrong attitude.

Enough said, lets move on.
20 Pips a day keeps centerlink away
  • #97,058
  • May 9, 2016 3:04am May 9, 2016 3:04am
Quoting stulic
{quote} It could be done by forcing new migrants to settle in remote areas instead of all flocking to Sydney and Melbourne. Also invest more in infrastructure according to population growth.
People aren't chessmen you move on the board at your whim, their dreams and desires ignored, etc. This is not a workable policy, as soon as they get citizenship they will go wherever they want. It's a stupid idea and population growth is a stupid idea for economic growth, as it lowers the welfare of everyone.
  • #97,059
  • May 9, 2016 3:42am May 9, 2016 3:42am
Quoting zew
{quote} Technically, this pair needs some consolidation around this position. AUDUSD mid term fundamental things have been changed. Market thought RBA cared about Job rates rather than inflation rate. Now, RBA told market they want to cut rate to achieve inflation target. in this case, one cut is far from enough, it require at least another 3 cuts. As major banks suggested RBA to do another cut by August.
Great points
  • #97,060
  • May 9, 2016 4:34am May 9, 2016 4:34am
Waiting for AU to pull back upwards to the MP before shorting. If it doesn't I won't chase the market.

KP
Do your homework, follow the footprints of smart money
38 traders viewing now