AUD.USD

[dragonz]

My maths entered me at 1.0574 for a short and looks like a bit of momentum building for a push south

Closed short for +49 pips. Currant account and interest rate decisions due today. have an open order for another short at 1.0488 should this fall below this level.

[dragonz]

Closed short for +49 pips. Currant account and interest rate decisions due today. have an open order for another short at 1.0488 should this fall below this level.

Closed this short for -20 pips.

[Entrep]

I have a fair bit of USD I want to change to AUD shortly. Any idea when is a good time to do it? Don't need to use the money immediately... but it is sitting there on 0% interest vs around 5% in Oz.

[float]

Perplexed as to why the aus dollar dropped against the green back after last nights stimulus announcement.... The dow and S&P500 dropped yet the USD rose I would have thought the aussie dollar would be better off comparatively

What country can print money and increase the value of their currency...

Am I overlooking the obvious?

[Pumice]

Perplexed as to why the aus dollar dropped against the green back after last nights stimulus announcement.... The dow and S&P500 dropped yet the USD rose I would have thought the aussie dollar would be better off comparatively

What country can print money and increase the value of their currency...

Am I overlooking the obvious?

Did they print money though? I thought they just rolled over ST maturing debt and bought LT debt?
They are just keeping rates lower for longer arent they?

[dumbass]

hello and happy new year.

looking to enter short on aud, looks like a correction is commencing which should provide some resonable pips to the downside.

3 wave structure , most likely price will double top with a B wave at 1.0680 ish then should see a C WAVE moving price down , initial target 1.05 .

i wil look to count 5 waves down which should then provide another long opportunity.

short 1.0670 stop 1.0730 target 1.05

[peat]

hey DA
happy New Year to you too

If you've been stopped out you may want to have another go I reckon... maybe stop just above 760 this time
hard to believe the Aussie is at 1.7

[dumbass]

hi peat , got stopped at breakeven but still like the short side , 1.0750 should prove resilient, im short from 1.0730 and looking to add if we get some momentum.

i cant quite believe it as well, 25 base rate cut by the rba next week with another 100 in the pipeline and we get vertical takeoff .???

[peat]

twiggs says the world is preparing for QE3

[dumbass]

i personally think QE3 is a done deal but will probably be delayed as the equity markets rally in the short term.

a chart of the FEDs monetary base gives a indication of the extent of the reflationary monetary policy of late fighting the deflating economy.

i think LTRO 2 has even exceeded the FED .

you know its all going to end in tears unfortunately it will be our kids tears !