Hopefully US unemployment claims are also bad and could trigger a correction in Dow...
Dow needs to go DowN.
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
Dislikedlook at the massive volume of dollar index ,wow !
http://img37.imagefra.me/img/img37/2...9m_f99c0cd.pngIgnored
DislikedGood morning Patience,
Now that all the news coming out of Asia and Australia, the signs are clear that the fundamentals dont support this bearish USD trend and it can only last for so long.
Considering the retail sales and job loss are both negative for Australia, how long do you think AUD can go further before resting around .8400 mark?Ignored
DislikedIt's a hard call -
Whoops, just looked at the market while I was typing this, looking better for those battle weary short soldiers stranded out there.
Good trades!Ignored
DislikedI hope today is the start of downward trend before a free-fall on Friday.
Thanks for your advise. really appreciate your help.
CheersIgnored
DislikedI hope today is the start of downward trend before a free-fall on Friday.
Thanks for your advise. really appreciate your help.
CheersIgnored
(link is in the heading)
And while I am at it, Bank of Scotland's Daily Market Strategy has just come into my email inbox, so I've attached it.
Dislikedlets hope this thing breaks .8560 psychological level. if it does, a free fall to .8520 before NY is definitely on cards.
Dow is due for 10% correction.
a lot of ppl here on this forum are short and I hope lady luck shines on all of us tonight.
God Bless America (US$)Ignored
Dislikeda good jump on the USD/CAD beside the fall of the AUD/USD from the 8565 level ,, i always say that trading this 2 curriencies side to side by each other is very successfull trade cause 90% of the times they move in opposite dirrection ,,,
there was a pattern on the aud and the usd/cad ,, one broke higher with 30 pips gain and one broke lowerIgnored
DislikedEurUsd and AudUsd are also quite similiar...already have a short on both and well into the moneyIgnored
Dislikedur right , but when u trade 2 curriences in different directions better than 2 curriencies in one direction
cause when the aud goes down u make money from the up in cad and when the usd/cad goes down u make money from the aud going up
so u make money wether the euro or aud going up or down
but when u trade the auro on side with aud ,, u gain money only when they r going up and u wait them to settle when they go down
i feel that the aud will find some retracement on the 8450 ,, not before that which is the fib 50% ,, maybe it bounce on the...Ignored