AUD/USD 1.0757 Waiting for Greece again.. It seems the Europeans just cant let go and the more they hold on to it hoping, the more it drags down the zone. Europe is finished as a dominant economic force. This experiment has failed. Had the ...

AUD/USD

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Triple top indicates a solid resistance point. However if broken it normally triggers a technical buy like we did this morning. It should form a base now. If it doesnt hold then you will find those that have bought on the break will unload. If you ...

AUD/USD

AUD/USD 1.0765 Nice bit of gyration in the old girl. Those playing this range have done well. I prefer to play off the short side and selling into these rises yet the buyers have taken the chocolates as well. You can see clearly though a triple top ...

AUD/USD

AUD/USD 1.0680 Dont get me started about the unemployment figures. With the IT stats available these days.. counting three sheep subtracting two cows adding a koala and dividing by kangaroo no longer qualifies as a unemployment methodology.. The ...

AUD/USD

AUD/USD 1.0695 This last session was one for the steel ball brigade.. Market was short and the squeeze was on but we all knew the Greek bailout was BS didnt we? And we knew to sell into this nutcracker ! We have bounced off 1.0680 temporarily as the ...

AUD/USD

AUD/USD @1.0702 Westpac business confidence up to 4.2% Where do they get their surveys from??? This bank along with a couple of other banks has just sacked workers. Companies are laying off staff in the car industry,manufacturing,retail and a 100 ...

AUD/USD

Firstly I would look for a broker that has a stable platform,a choice of trading styles ECN, MM,STP etc , aggregated tight spreads, govt regulated, good service support 24 hour desk. Secondly if you are trading in size then I would elect to have two ...

Is anyone using IG Markets Level 2?

What are you trying to achieve? Tight spreads can be offered elsewhere without $50k minimum deposit. Currenex has a last look feature which means a price maker can reject a trade, so the spreads are irrelevant if you cant deal on them.

Is anyone using IG Markets Level 2?

AUD/USD @1.0735 The 1.0750 resistance was taken out but once stops set it couldnt hold. Despite Greece approving it, a dodgey cloud is overhanging an already nervous market. The goat killers have to come clean and default. Locally our PM Julia ...

AUD/USD

AUD/USD @ 1.0683 Good sell off Friday after a week of bullish undertone. Aussie banks raising interest rates despite RBA and treasurer Swans dismay. All eyes on the bubble n squeaks today. Even if they do agree it wont last long before we are back ...

AUD/USD

AUD/USD @1.0793 Quiet night with 1.0850 and 1.0750 containing. All eyes continue to be on Greece who will no doubt default. Afterall the place has been in ruins for 2000 years things arent going to change overnight except the EU wants a wooden horse ...

AUD/USD

Heather Ridout soon to be a new addition to the RBA board has made a cardinal sin even before she is onboard. She has commented about where the value of the Australian dollar should be. The job of the RBA is to maintain financial stability in which ...

AUD/USD

AUD/USD @ 1.0800 Its priceless this morning listening to the bitching about the RBA's decision. Even worse is the local banks complaining about funding and may have to raise mortgage rates. Interesting that people who arent spending ala retail sales ...

AUD/USD

News trading... Read here url Im a strong believer of never having a position over any major economic data release if you are price sensitive. The more "outside influences" you eliminate from your trading the more chances of your profits will grow

AUD/USD

AUD/USD @ 1.0780 RBA puts rates on hold and quite rightly so. Only a few bank economists trying to spur cheaper funding (no doubt from their management) using media called this lower and paid the price. We have had a crack at 1.08 which ...

AUD/USD

AUD/USD @ 1.0725 Nothing new here. Stuck in a band as market awaits RBA decision. Local media are favourable of rate cut and treasurer Swan has already castigated banks if they dont past on rate cuts. Personally I dont see the need for the cut if ...

AUD/USD

AUD/USD @ 1.0750 Rumbles about a RBA rate cut this morning by the media. I cant see it as europe hasnt capitulated (YET).My thinking is that they will wait for severity and keep their powder dry. So perhaps first up pressure on the downside ? Im ...

AUD/USD

AUD/USD @ 1.0710 That 1.0750 area has alot of respect and its going to take a mighty push to get through.Perhaps NFP may do the trick. Support should come in around 1.0660-80 area. EUR/AUD @ 1.2270 I know its getting repetitive but 1.2200 is ...

AUD/USD