That 0.92 wouldn't be based on goldman's prediction for 2012 at the beginning of the year would it? I think westpac also have a similar prediction but I've haven't seen them get one prediction right not even once. Bank of America had a 1.10 forecast ...

AUD/USD

I'm closing my half long from 1.044 for 37 pips. Reckon it might start ranging now. Still have longs from 1.034 with 1.042 stop. EDIT: Did you guys have a sell stop @ 1.043? Got the lows to the pip! lol. Imo that's why you dont place stops right at ...

AUD/USD

Wow look at gold go!

AUD/USD

Call me mad but I actually bought again after my stops got run.

All Majors and Gold

I'll take u up on that with my monopoly money ^^. I don't think it'll hit 88 in the less than 4 weeks. But it might after 4!

AUD/USD

Still long audusd, moved stop to 1.042 and added another half @1.044.

AUD/USD

I wonder how low this correction will go. If all the bears can manage after yesterday is a flat correction of 30 pips from 1.047 and it exceeds the 1.047 in the next few days without going lower than 1.0438 then I'm going to revise my tp from 1.051 ...

AUD/USD

We're talking about oil not natural gas. The article thinks the US will overtake Saudi in oil production which is bull. If we're talking about gas, Russia is the Saudi Arabia of that arena ie far exceeding US in the order of magnitudes. They have ...

Aussie Trading Room and Cartoons Gallery

Mathematically this is impossible. Because a) Saudi Oil reserves far exceeds US oil reserves by the order of magnitudes. b) US oil reserves are already well developed and hence most of it are already depleted. Anyway the IEA report is comparing ...

Aussie Trading Room and Cartoons Gallery

The best level to short would be at the end of a big wave actually. That way your risk is small, reward would be big. I were to go short the stop loss would be around 1.0481 quickly switch to breakeven after 10 pips down. You can take half off in ...

AUD/USD

We should retrace abit now (1.0467) since this is the top of the wave from 1.028. Though I'm not sure if its gonna be 10 pips or 60 pips.

AUD/USD

I'm sure those NY traders are kicking themselves for missing out. I like to know if there was any news stories or such that prompted the move though.

AUD/USD

I'm going to hold til 1.05-1.052 since I got such a good entry. Anyone know what caused the explosion in gold? That was a nice pop.

AUD/USD

Hi Nachi its not really intervention. The RBA is not selling any aussie per say. The articles say the RBA is simply not "squaring" its position when other central banks go up to the RBA and want to purchase more aussie aka not buying it back ...

AUD/USD

Nice! My long limit which didn't trigger on monday got the lows to the pip!

AUD/USD

I don't see any "accelerating" downtrend on the daily either, its more like ranging with less and less volatility. I'd expect even less now as all the US traders are on holidays.

AUD/USD