Good morning to you too!

AUD/USD

Agree. The news changes everything and seems like enough to change sentiment. The chart action suggests and emerging bear flag. Time to short..

AUD/USD

Long @ 9011, SL 9000, TP 9050

AUD/USD

OK long-term I totally agree. However you will need to be happy possibly holding 100 or 200 pip paper loss before it turns. Remember my prediction is for the rest of this week, not next month or two. I'll only enter the long-term short position when ...

AUD/USD

Sentiment across the markets, especially the positive reaction to RBA's statement today which was actually pretty neutral. Buyers are looking for any excuse to get in.

AUD/USD

It's following a similar script to the past.. if that continues I think it'll go to 9080 before dropping back near 9025. Trend still up for the rest of this week.

AUD/USD

Was that spike due to Battelino's speech? It wasn't that exciting! Interesting to note the bull pennant that formed over the last 2 days.. maybe that's it? If it goes back over 9060 then there'd be a chance to catch a retrace over the next half hour ...

AUD/USD

Yeah I'm going long-term short soon too. It is easy to be greedy and want 9200 but 9050 might be as good as it gets. It is also tempting to wait for the RBA decision but we could be back at 8950 before that happens.

AUD/USD

I was saying a month ago (not here, to friends) that US would hike official policy target before EOY. It might even be sooner. Expect it to have a very strong effect on AUD as US has been on 0.25 for longer than a year and a rise is seen as the ...

AUD/USD

Bernanke is worried USD will rally, as it would undo all of his hard work debasing the currency. Also obviously he wants to keep treasury rates low so that they can keep borrowing money for practically free. Why else would he tell everyone that ...

AUD/USD

Now you are talkin'

AUD/USD

I think he was referring to the violent reaction to the news we had earlier. Try predicting that with a moving average.

AUD/USD

Completely. Tech analysis is only useful for short term trades. Long-term you want fundamental insight.

AUD/USD

Made a nice 25 pips short. Do we think this is a bear flag emerging? Or are the price ranges perhaps too wide to qualify?

AUD/USD

"omg teh mkt went crazy!"

AUD/USD

HAHA OK that makes sense. My arse got played.

AUD/USD

Yes only a couple of hundred bucks. That's how I read it too. It's their first chance for a selldown after last night's rout.

AUD/USD

Oops maybe they are enthusiastic in the other direction

AUD/USD

Europe enthusiastic. LONG @ 8963, 20 pip trailing stop

AUD/USD

Thanks mate!

AUD/USD