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Pip Anon replied May 29, 2013Yield can be found else where. There is no need to carry trade when money can be made in other pairs. I do think if equities reverse the second half of this year Aussie will have a resurgence.
AUD/USD
- Pip Anon replied May 28, 2013
May 16th I said .9665 and .955 (hopefully .937) but no one wanted to hear me out lol. Hope your trades work out, but you shouldn't go against the trend. Just because it is overextended should not be a reason to go long. When I first started I got ...
Aussie Trading Room and Cartoons Gallery
- Pip Anon commented May 28, 2013
I am glad someone understands me lol. I have mentioned to people that currencies will bounce a little or stay flat to shake off overextended territory. Whether it's to .97 or .98, slow or violent, I won't change my outlook until fundamentals and ...
There goes the AUD
- Pip Anon commented May 28, 2013
How about S. Korea to cope with deflation and not blow up your currency
Abe’s Adviser Tells South Korea to Cope With Yen Not Blame Japan
- Pip Anon commented May 28, 2013
Yea well I beat hedge funds by two weeks
Hedge funds bet on Aussie dollar slide
- Pip Anon commented May 28, 2013
Thank you. I am not sure how many times I have told people currencies can remain overextended for a looooong time. Too many got burnt on EURUSD as it plunged hoping for a squeeze bounce, but they were none the wiser. Or people hold longs on AUDUSD ...
There goes the AUD
- Pip Anon commented May 28, 2013
I agree. I mentioned this to the nonbelievers. May 16th I made targets .9665, .955 and .937 - two have been hit. Personally, I think negative Chinese data friday will bring it to it's low. but every action has an equal and opposite reaction. I ...
Warning - derelict Australian economy ahead
- Pip Anon replied May 28, 2013
Looks like AUDUSD a bit. It is a bit oversold with an exponential RSI of 6 lol I wouldn't short just yet. I would expect a bounce as it is sitting on the 61.8 Fib. If it cannot break I would expect a bounce to 1.935-69. If it does break I would ...
NZD/USD
- Pip Anon replied May 28, 2013
Lol I was just sticking to me guns. I'll have to check Aussie/Kiwi - can only remember trading it once. I'll have to check. How's that pair been treating ya?
NZD/USD
- Pip Anon replied May 28, 2013
Personally, after it broke parity I had 3 targets: .9665, .955 and .94 - 2 of three hit in last two weeks. My target get closer together as we go down as there is a greater change for a bounce. I personally think Aussie was doomed when the carry ...
AUDJPY + EURAUD + AUDUSD -- (carry + intraday)
- Pip Anon replied May 28, 2013
Whatever you'd like to call it, it works. Look at my charts. Price has "memory." These zones are often revisited. You can get very accurate if you know how to spot them. I have been doing it on the major pairs for about 4 months and have had amazing ...
Sam Seiden Supply & Demand no more value than technical analysis?
- Pip Anon commented May 27, 2013
I don't think it will be catastrophic, but it will hurt. I been talking about the weakness in Aussie's economy that no one cared about months ago - the US is no different. It's funny that everyone will recognize the shite in Europe but no where ...
Warning - derelict Australian economy ahead
- Pip Anon commented May 26, 2013
I am not sure why some get sarcastic. There is a fundamental reason why AUD has sank, and I been saying it for the last 6-8 weeks while most have hopes and dreams of a rebound. Aussie-dollar will not revisit recent highs anytime soon.
Hedge funds bet on Aussie dollar slide
- Pip Anon replied May 24, 2013
Well you know where I stand lol. I think it was less patients then it was stubbornness. Nevertheless, I think the EUR currently can hit 1.3 given the dollar weakness. If break and close of 1.3025 - 1.32 is strong possibility and you might break even. ...
EURUSD