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    • redalert replied May 31, 2016

      So basically all the data is supposedly pointing to a 0.8 to 1.1 gdp figure tomorrow well above the ff prediction. Even AU banks are changing their prediction. If true expect a massive overraction 150 pips up.

      AUD/USD
    • redalert replied May 31, 2016

      True, but the trade balance has improved, although not as much as predicted, still enough to have some influence over the GDP figure tomorrow, which may come back better than expected. I agree with the short sentiment just be careful of this news, ...

      AUD/USD
    • redalert replied May 25, 2016

      China's appetite for iron ore saved Australia. It's different now because China don't want the iron ore as much. It's worse because it is now a similar position as the USA - people over leveraged on property, with no way to repay if it collapses. ...

      AUD/USD
    • redalert replied May 18, 2016

      Bit of neutral news. Although FF says green, actually full time employment fell 10k and part time took up the slack and some. Full time is what counts in economic sense as part time varies too much in regards to hours worked. Also as mentioned ABS ...

      AUD/USD
    • redalert replied May 17, 2016

      So yesterday's swing ended up being an overreaction to one sentence in the minutes, combined with some USD weakness at the time, so things have sorted out. Long term (6 months) still bearish looking for 0.6x. Short term (day) targeting 0.7250. If it ...

      AUD/USD
    • redalert replied May 16, 2016

      Shorts based on an over reaction to some news. What are your longs based on? You gambled on the new release being good. But is it news enough to reverse the trend? Gamble. Edit: Spelling

      AUD/USD
    • redalert replied May 5, 2016

      I don't like either parties. Looks like they will both destroy the economy... I continue to load shorts. Just wait 'til China stops propping up Ore, .60 anyone?

      AUD/USD
    • redalert replied May 5, 2016

      Caused by Chinese investors trading ore futures on the Dalian commodities exchange. The recent investment push from the Chinese government to boost their falling economy will be short lived, I've read a couple of more months. The money will stop and ...

      AUD/USD