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Money-RX replied Oct 19, 2009Things are slow but for now the dollar will continue to slide. Today won't be the day the market decides to reverse the yearly trend. What concerns me is what will happen when the DOW tanks - and it will plummet from these levels.
AUD/USD
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Money-RX replied Oct 19, 2009Oct. 20 (Bloomberg) -- Australia’s central bank said the risks of keeping borrowing costs at a 49-year low, including boosting inflation and causing economic “imbalances,” prompted policy makers to raise the benchmark rate two weeks ago. A “very ...
AUD/USD
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Money-RX replied Oct 19, 2009Another week, another new high.
The only question is when to buy again.AUD/USD
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Money-RX replied Oct 15, 2009The contrarian indicates a very overbought daily ripe for the next retrace or buying opportunity. Limit buy orders in at 9200. Morning buy now up around 80.
AUD/USD
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Money-RX replied Oct 15, 2009Gidddy-uppp
Wonder if we will get a repeat of the last few days timing at Asia openings or 7-8 PM EST. Both days time were the start of a nice run up.AUD/USD
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Money-RX replied Oct 15, 2009When you are in a trend like this check out the hourlies for an entry point. The RSI, Fibs, and MA's have been right on all year.
AUD/USD
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Money-RX replied Oct 15, 2009Sorry for a bit of politics but Fundamentals are ruling A/U unless you are scalping on a short time frame. The United States will be the last to raise interest rates, stuck without an Exit Strategy. Australia did not talk about it at all, but ...
AUD/USD
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Money-RX replied Oct 15, 2009Back again and nice to come home to another profitable position. Well, the first buy was filled and now profitable but missed out on the other 3 buy limit orders. They were close but didn't get filled. Can't get too greedy. Looks like it was a ...
AUD/USD
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Money-RX replied Oct 15, 2009OK lads, signing off for today. The limit buy orders are all lined up ready to go. Remember we are not losing $$$ in this retracement, we are capitalizing on the buying opportunity.
AUD/USD
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Money-RX replied Oct 15, 2009Taking 25% position in first buy @ 9165. Maybe we sill see a repeat of yesterday 8:00 AM EST.
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Money-RX replied Oct 15, 2009Today's buy order. If it tapers off depending on other crosses such as E/A then will raise. Been waiting for this buy opportunity since yesterday morning.

AUD/USD
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Money-RX replied Oct 15, 2009Looks like some prime buying opportunities this morning. Limit order at 9130 for me.
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Money-RX replied Oct 14, 2009The performance of the U.S. dollar vs. other currencies depends on a number of factors, primarily relative interest rates and inflation of each country, the level of deficit spending by governments, and the demand and prices for imports and exports. ...
AUD/USD
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Money-RX replied Oct 13, 2009It pays to keep up on the fundamentals. Over the last three months, banks put 63 percent of their new cash into euros and yen -- not the greenbacks -- a nearly complete reversal of the dollar's onetime dominance for reserves, according to Barclays ...
AUD/USD
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Money-RX replied Oct 13, 2009July Another new high, 9145 and have not sold a position all year. Hope everyone is cashing in on this money machine.

AUD/USD