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- Iro replied Aug 21, 2012
Oh nm you mean euraussie, thought u meant some indicator. Euraussie not doing so good for me, I'm about 100 pips underwater. lol =(
Aussie Trading Room and Cartoons Gallery
- Iro commented Aug 21, 2012
Well Spain seems doing alright at the bond auctions though. Already raised a couple billion in cash since last month.
Stops, Barriers Triggered As EUR/USD Powers Through Key Resistance
- Iro replied Aug 21, 2012
Shoulda plotted that trendline from the high at 1.061 imo, price action makes more sense: breakout to 1.052, retracement to resistance turned support @ 1.041, bounce -> where we are now.
Aussie Trading Room and Cartoons Gallery
- Iro replied Aug 21, 2012
Umm really? In the midst of a euro rally? I mean they are correlated you know...
Aussie Trading Room and Cartoons Gallery
- Iro commented Aug 20, 2012
WSJ is a China bear. It dont like aussie bulls.
Australia's resource boom losing steam
- Iro replied Aug 16, 2012
Well it did bounce off the rising channel support that started at 1.2040 - 1.2136 - 1.2261. Whether this move will get faded is another matter.
EURUSD
- Iro replied Aug 16, 2012
Frankly I wouldn't mind if some of the people complaining about China manufacturing try starting a manufacturing business themselves and stop buying all made in China goods. Then you can a taste of how hard it is to produce real goods for a living ...
Aussie Trading Room and Cartoons Gallery
- Iro replied Aug 16, 2012
Ok Mr China expert, where oh where in China did you last see a food shortage? Where did you see people going hungry because they don't have enough food to eat? There's a big difference between food inflation which results in slightly higher prices ...
Aussie Trading Room and Cartoons Gallery
- Iro replied Aug 16, 2012
Western countries do not have a monopoly on innovation. Its pretty arrogant to think so. Plus remember three centuries ago it was the British copying* technology from China, two centuries ago it was Americans copying* technology from the British. ...
Aussie Trading Room and Cartoons Gallery
- Iro replied Aug 15, 2012
I think I understand China better than some foreigner. All those factories and the land they're sitting on are all privately owned. As well as nearly all the apartments in those newly built developments projects. The only state owned stuff are the ...
Aussie Trading Room and Cartoons Gallery
- Iro replied Aug 15, 2012
10% growth in 30 years is not nothing bro. There's no other country ever which has grown so quickly so fast. This is equivalent of centuries of normal growth in a few decades. I have no idea where you got that land ownership is impossible and mind ...
Aussie Trading Room and Cartoons Gallery
- Iro replied Aug 15, 2012
You know I hear a lot of this from China bears like the dailyfx team and sprach analyst people. But I think this is nonsense because they're basing their analyst on too much negative US propaganda about China. The thing is I reckon the Chinese ...
Aussie Trading Room and Cartoons Gallery
- Iro replied Aug 15, 2012
Teflon currency eh? There's strong demand for this baby from real money, lower prices just provide them with better entries to scale in imo.
Aussie Trading Room and Cartoons Gallery
- Iro replied Aug 13, 2012
I'm sad this pair has gone back exactly where I entered after a week, but at least I'm collecting swap.
EUR/AUD
- Iro commented Aug 13, 2012
Lol austerity. If you were so pro austerity why did you launch the big ass QE programs then.
After Olympics boost, Britons face austerity to 2020
- Iro commented Aug 12, 2012
That's because most of the money that all these banks get goes into shares, derivatives and specy commodity positions. For the average joe who doesn't trade these things and actually work for a living (and are responsible for real productivity), ...
Japan's economy grows less than forecast as exports slump