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PariCovek replied Jan 29, 2015Once that RBA meeting is over... i'm testing longs. could be a spike
AUD/USD
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PariCovek replied Jan 29, 2015Agree totally. Banks may not pass on the full rate cut anyway, history most recently has proven this.
AUD/USD
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PariCovek replied Jan 29, 2015Good luck. If Equities remain flat/down today, I'll sit on the sidelines again. If Equities Futures are up on Friday morning and given its EoM, the planets have aligned for profit taking and short-selling.
Only Gold!
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PariCovek replied Jan 29, 2015It might be a profit taking opportunity to go short on Friday.
Only Gold!
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PariCovek replied Jan 29, 2015Might be another long or flat day... Equities in the red again (so far). US companies starting to face headwinds associated with stronger USD and possible rate rise. They are towards the top end when it comes to PE ratios too.
Only Gold!
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PariCovek replied Jan 28, 2015Bond markets have priced a 50bp drop within next 2 years. I reckon RBA will sit on the fence a little longer and keep the powder dry for when they really need it. AUD to hover in 7700 to 8100 range for now.
AUD/USD
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PariCovek replied Jan 28, 2015Not so convinced its a short day anymore.... Dax, FTSE, EU50, China50, Nikkei all down. US Futures up a little.
Only Gold!
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PariCovek replied Jan 27, 2015Equities are up across the board today, so I prefer today for short positions.
Only Gold!
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PariCovek replied Jan 27, 2015Looks like EUR can go higher. US earnings today was poor. Gold soaring
Spider's Den
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PariCovek replied Jan 27, 2015Most Equities markets are down today... Gold going to the heavens
Spider's Den
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PariCovek replied Jan 27, 2015Some economists now expect the US Fed to hike rates later in 2015 (as opposed to Mid-year) url
Spider's Den