forexpillar
iscipline & patience Trader
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EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 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
DislikedI never trust those things honestly those guys just talk alot of shitIgnored
Dislikedis anyone anticipating bad employment and unemployment date for AUD in a few hours? I am currently short....Ignored
Dislikedis anyone anticipating bad employment and unemployment date for AUD in a few hours? I am currently short....Ignored
DislikedTechnical is on a retracement ride right now... and i am tempted to wait until the data comes out....Ignored
Dislikedi got short from 1.0255(SL BE) but im thinking bout closing them now.I dont expect aud to come out with negative data.If we get positive data then we might pop up to 1.0390-1.0400 area again and nzdusd 0.8255-300 areaIgnored
Dislikedhowever i think different... i will see... if data is bad and we get a spike up to 1.0250 or 1.03 im shorting....Ignored
Dislikedbut If Unemployment Rate is bad and Employment Change is good-we go down..me thinksspike up and down
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DislikedIm not a top or bottom picker I don't focus on it. I focus on the climate and trade management.
Always do
actually they are set around the time the inflation rate differential stops widening months before the rates stop widening due to the fact inflation rate differential is the effect of the currency price vrs all other currency prices and the ability to conduct business at those prices.
unfortunately that will not happen soon because of debt ratio divergences if you track back the rates of the USD you'll notice the downward oscillation from...Ignored
Dislikedhmmm is it just me or does it feel we like we would be visiting 1.0150 again??Ignored
DislikedI would rather enjoy a nice short squeeze that will force RBA to carry out an intervention... the longer it stays at these rates the harder I see it falling..Food and commodity inflation should put pressure on the commodity country. Interest rates will drop commensurate to the drop in the Chinese economy.
If you believe in a hard landing then you should believe AUD is overpriced... however if you are buying the chinese dip long term, then AUD will remain a buy if it holds.Ignored
DislikedLook at GBP, EUR, NZD, CAD, Oil, Gold, Dow, S&P, they are all heading down. Typical "Risk Off" mode.
Why would AUD be any different? Some are moving down faster than others but it looks to me (Daily Chart) that we have more room to go. Much more room...
What do you mean by hold? Where is the "support" you are referring to?Ignored
Dislikedsidu's analysis is flawed in away.... all he needs to do is LOOK at weekly and realize where the recent high is and that the fact it is a Lower High suggests theres a down trend on this baby...
The low is around 0.98 on weekly but that is too soon to say, i would like to see a close below 1.02 this week though.Ignored
Dislikedin agreement with new lows... we are still heading to the 1.0099/1.0125 for at least a little break in the action
http://clip2net.com/s/2nSBfIgnored