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- lasty replied Jan 13, 2016
Australian unemployment out today. Lets watch to see how big last month revision is. Australia is suffering from massive revenue holes . Recession is coming folks .
AUD/USD
- lasty replied Jan 13, 2016
Ive been Canada bearish for awhile now and I don't see anything to halt that. Yes you will see some pullbacks like in all trends but this one is strong, like its commonwealth cousins AUD and NZD. They are all suffering from the Global slowdown
USDCAD trend reversal?
- lasty commented Jan 12, 2016
Umm I think you'll find that the market has been stockpiling and the storage facilities are nearing capacity.
WTI Crude Crashes To "2" Handle After EIA Cuts Demand, Increases Production Forecast
- lasty commented Jan 12, 2016
Buying Oil because it looks cheap is what the market is currently doing now. That is why the storage tanks are nearly at full capacity. When that happens then it really tanks excuse the pun. But some feel the world economy is booming and can suck up ...
Strong dollar could send oil to $20
- lasty commented Jan 11, 2016
Considering the economic state of the world $20 is realistic.
Strong dollar could send oil to $20
- lasty replied Jan 11, 2016
Fundamentally the AUD is stuffed. url RBA needs to cut and make that quickly. Australia is all innovation this and that but really nothing but BS has come from the Govt and the opposition are worse. Govt needs to get ready to act. What is also ...
AUD/USD
- lasty replied Jan 7, 2016
Construction levels slump which is a sure sign that Australia is falling off a cliff in 2016. .70 cents doesn't reflect the fundamentals and I sense a few have been caught long and doubling up in hope that its a temporary hiccup. Those who haven't ...
AUD/USD
- lasty commented Jan 7, 2016
So the circuit breaker is broken. China has made a botched mess of this. Markets are best left alone . FX has been left to its own devices and done well except when a central bank tried to support a price level failed and created turmoil. Ive seen ...
China suspends stock circuit break rule - CSRC
- lasty commented Jan 7, 2016
2016 is the reminisce of what occur in 2008. The central banks kicked the can down the road flooding the market with cash in hope. There comes time when you have to pay the piper. Soros Im not a great fan of but I agree with him on this view. I ...
George Soros Sees Crisis in Global Markets That Echoes 2008
- lasty commented Jan 7, 2016
What a lower oil price isn't sharing the wealth? Besides what can the oil producers really do ? 95 Million barrels is the worlds daily consumption and if demand isn't there the price is the price. Artificially raising the price will create ...
hearing rumours that OPEC might be calling for an emergency meeting
- lasty replied Jan 6, 2016
For those looking to Short Aussie why not look at the AUD/NZD cross? 1. AUD is suffering on the back of China 2. NZD is less exposed to China 3. Yield is better on NZD than AUD hence you will earn swap points for being short AUD/NZD
AUD/USD
- lasty replied Jan 6, 2016
The US in general is against any form of "gambling" and they see retail forex as a form of gambling which for some is true but for others its an asset class in terms of an investment whether it be a hedge against international exposure. Im not ...
Will forex ever end for retail traders like us
- lasty replied Jan 6, 2016
It really depends on the brokers price streams and the platform you use. MT4 is a top of book platform which means that if you eg buy 50 lots it will sweep everything until it fills 50 lots. In those 50 lots could be 10 different price makers with ...
Is anyone here an institutional trader?
- lasty replied Dec 17, 2015
"The FAQ says: "The Australian CFD and FX Forum is an industry body, established by Australia’s leading CFD providers". Seems they want to limit the competition by raising capital needs. Why would they do it otherwise ? Nothing forbids them to do it ...
Did you know Australian CFD & FX brokers can use your money?
- lasty replied Dec 17, 2015
This is not the case with B - Book brokers. If the broker is "betting against the client" on the trade and hasn't hedged and loses where does that money come from ? Client funds ?
Did you know Australian CFD & FX brokers can use your money?
- lasty replied Dec 17, 2015
Yes I agree trends have breathers .. however the easy money is jumping on the trend and picking the breathers can be a costly exercise. happy punting
USD/CAD
- lasty replied Dec 17, 2015
Everything I read points to that. Here is an article about Alberta url What am I missing ?
USD/CAD
- lasty replied Dec 17, 2015
I don't know why people keep on shorting this pair when fundamentally Canada is a basket case. Of course the natural instinct is to do the opposite once it has moved but this trend is well and truely in place.
USD/CAD