HAHA .. great analysis

AUDUSD for informed traders

Ok here is my take on the Budget.. ITS CRAP.. $50 Billion budget deficit - No tough cuts- Inflation to take hold- Too much reliance on China- Labor Govt are kidding themselves about a magical surplus in 2012. In usual circumstances the AUD would ...

AUDUSD for informed traders

haha .. Give me those Singapore tax rates anyday.. Market held 1.0740 1.0810 shud cap but budget night.. History suggests.. every lie the government tells us its worth 10 pips.. so sell into rally.. AS usual there wont be any goodies for me in the ...

AUDUSD for informed traders

yeah got in @1.0770 when gave you the heads up.. I bght back at 1.0740 .. Its not a market to hold for much..

AUDUSD for informed traders

1.0740 support then 1.0700.. still looking heavy but its a long way from a decent res s/l

AUDUSD for informed traders

AUD looks vulnerable after two pieces of good econ data. selling at 1.0770 wud leave a sl @ 1.0860 to be safe.. USD getting some support again..

AUDUSD for informed traders

Do you think the RBA is going to listen to someone who sells Set Top Boxes @ $400 to the Australian Taxpayer when they can be had on ebay at 10th of the price.. No one is going to save Swan including our dear friends at the RBA.

AUDUSD for informed traders

Yes but are the RBA really concerned over this govt ? RBA warned Labor of over stimulation wud lead to inflation- They didnt listen. I see that the RBA will need to tread a fine line. It would rather have blood on Labors hands than theirs..

AUDUSD for informed traders

Correct.. unfortunately the RBA views us all as one.. Any rate rise will see many at the tipping point. Bank economists are touting for rate rises.. But do we believe them? These are the same "clowns" who failed many a correct forecast and are ...

AUDUSD for informed traders

Good trade number on the AUD.. 1.7 Bio expecting 0.4 China numbers to come today... Even the charts supp and resis points are murky.. so expect more overshoots than normal... Let the market come to you and dont chase it ..if you have to play..

AUDUSD for informed traders

Hi Jazznos, Yup the level I feel is 1.0840-50 is more a significant resistance. Support now comes in at 1.0735.. Trade data and Budget.. Mkt consolidating and many are getting whipped on fakes.. Dont be a victim.. paitence makes profits..

AUDUSD for informed traders

Maybe they are bored with each other as well..

EURUSD

Going to the USA even with 15-20% tip its still cheaper than in Sydney. I feel for the lower income worker on that sort of wage relying on a tip to get by though.. disgusting..

AUDUSD for informed traders

Now an interest rate rise is being talked up by who ? The banks? Journo's? Economists? So why? Well floods have forced food prices up.. one off event? Electricity prices up- Govt stuff up Oil prices up - international event House prices peaking- ...

AUDUSD for informed traders

I have 3 very astute tech heads all giving me different opinions.. 90 years experience between them.. No amateurs- Usually right on the money !! Choice is very easy... slap each one around the head and dont put a trade on until next week. Good ...

AUDUSD for informed traders

Yeah understood.. I think a few have tried to short it in the low 1.06's been stop and now the high 1.06er's are getting concerned. Lets see... it could all end in tears today for some..

AUDUSD for informed traders

To get what? stopped out later on

AUDUSD for informed traders

I wouldnt rule out anything in these markets.. This week was a correctional one.. It started looking ominous on Monday when Silver took a dive which triggered a few minds about taking some profits. The smart players anyway. The AUD/USD up trend is ...

AUDUSD for informed traders

Good stuff. Firstly I wouldnt worry about NAB.. Trying to pick seasonal targets is a mugs game. Too many distorting world factors...

AUDUSD for informed traders

Nice flush out of longs as many jumped in too quick trying to pick a base. What were they thinking? Today if you have to play 1.0500 /1.0630.. Mkt slightly oversold so downside shud be limited.. Again for me I will stand aside and let the dust ...

AUDUSD for informed traders