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PariCovek replied Jan 30, 2015Wonder how high it will go today... took a bit of time to wind up after us economic data
Only Gold!
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PariCovek replied Jan 30, 2015Economic data from US was pretty average when you read into it a bit more. Minor correction on US Equities more likely now - I read a statistic from Soc Gen that apparently the Dow Jones has never gone for more than 7 calendar years of continued ...
Spider's Den
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PariCovek replied Jan 30, 2015Yeah, I just had to hold onto the trade... just got out of it with a few green pips. was nearly down for the three count but patience is growing

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PariCovek replied Jan 30, 2015Bad economic data alright... I took a long gold trade. can't believe even gold is going down - doesn't make sense
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PariCovek replied Jan 30, 2015Interested to see price reaction once US GDP data released.
Only Gold!
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PariCovek replied Jan 30, 2015AUD in a lot of trouble there... only prepared to take a long if RBA decide to keep rates on hold.
AUD/USD
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PariCovek replied Jan 30, 2015Expecting a drop in gold price later when NY Opens, usually around 9am ET. Very large sell-off last night, hoping momentum is building. Hoping for ok equities markets (particularly US) and top US GDP data. Some good buying at the moment, am hoping ...
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PariCovek replied Jan 30, 2015i'm not prepared to go long and against US GDP and Consumption Price data due out later
EURUSD
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PariCovek replied Jan 29, 2015I sit in the camp of no rate cut. I could be wrong, but the last couple of rate cuts were not fed through in full by the Banks to the customers/borrowers. RBA is aware of that being a possibility again. There is no public noise about interest rates ...
Spider's Den
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PariCovek replied Jan 29, 2015Copper price down 2.5%. Gold price down 0.6%. AUD getting slaughtered by USD. Gold has more bearing, but whenever copper is sold down heavily the AUD follows (despite it only being 3% of Aust exports). Over-reaction,
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