This is a mobile optimized page that loads fast, if you want to load the real page, click this text.
Re: AUD/USD Road Map


Maybe you could give us (me) a rundown on how i can use that to trade that pair . pretty chart but its not telling me much without some sort of guidance on how to use it ... appreciate any help to understand
 

It looks as if the USD may be one of the few currencies to hold now and I'm 75% in USD having moved from 50%. With stock markets wobbly - a bear market which recovered about half of its losses, and now going down across the board with occasional good days to fool us, me thinks - and falls in bond markets; the trend looks set.
 
Re: AUD/USD Road Map

Maybe you could give us (me) a rundown on how i can use that to trade that pair . pretty chart but its not telling me much without some sort of guidance on how to use it ... appreciate any help to understand

Hi ginar,

pretty simple really, the red line is the line in the sand (LIS) so above you are long,
below you are short..all nos are strong support and resistance nos, as they all stem from the llis..here is the aud/usd chart as it stands now coming into close..and you can see how nos support/resistance... i re do chart at 8.30 am
hope this helps in understanding the road map
ac;)


p.s time frame is 10mins
 

Attachments

  • audusd7a.png
    audusd7a.png
    82.4 KB · Views: 8
morning all
today's aud/usd road map
have a great day, and good trades
ac ;)
 

Attachments

  • audusd8.png
    48.4 KB · Views: 7
just a update how the aud/usd road map is looking so far
for those interested
ac
 

Attachments

  • audusd8a.png
    34.9 KB · Views: 5
Re: AUD/USD Road Map

road map coming into close
ac
 

Attachments

  • audusd8b.png
    67 KB · Views: 3
Monday's road map
have a great weekend and take care
ac
 

Attachments

  • audusd9.png
    51.2 KB · Views: 5

The more I look at it, the AUD is more and more certain to sink in my mind. Little point holding the AUD at all in the short term - another thread to discuss the stockmarket position.
 
a look at the aus/usd road map progression today
ac
 

Attachments

  • audusd9a.png
    49.1 KB · Views: 4
good morning all
today's road map
have a great day, and good trades
ac
 

Attachments

  • audusd10.png
    47.9 KB · Views: 3
good mornig all
today's road map
have a great day, and good trades
ac
 

Attachments

  • audusd11.png
    49.2 KB · Views: 2
This bitch going north hopefully
 

Attachments

  • 2010-02-03_1959.png
    54 KB · Views: 6
  • GC.png
    58.1 KB · Views: 7
  • DX.png
    78.8 KB · Views: 8
Interest rates left on hold weakened the AUD though signals are for a 0.25% increase next time, and I don't expect the AUD1.15 rate before March against the USD. Trading and growth in Europe and America are ongoing factors and thoughts that future winters may not be as bad across the pond.
BP's poorer than expected profits may also bear down on the AUD, even if interest rates point to 4.5% before years end.
At some point interest rates in America will push on up and that may well coincide with higher interest rates at the short-end both in Europe and the US.
 
morning,

road map updated from yesterday morinng
coming into close
ac
 

Attachments

  • audusd11a.png
    71.7 KB · Views: 1
on his area, is there an easy way to buy shares for medium term trading of USD/AUD;
not forex in a daily trading way.
I believe AUD is high vs USD now but will fall within 6 months, is there a way I can buy "ETF like" shares an the ASX (similar to GOLD for the commodity)?
And then forget them for 3 months....

I know I could go and buy US banknotes at CBA, but the fees/exchange rate are not making it worth...

Hope I am clear in my naive question
 
good morning all
today's road map
have a great day, and good trades
ac
 

Attachments

  • audusd12.png
    45.2 KB · Views: 1

Try an out of the money put option for 6 months.
Say a strike at 70 cents.. It has to be cheap right ?
 

Is there still AUD warrants on the ASX? I think back in the wild old west days (2000) there was.
 
As another option, a lot of banks (e.g. Citibank) offer clients the ability to write options and sell them back to the bank. These are typically packed in a retail-friendly product which promises high interest rates dependent on the strike price for both short, medium and long terms.

I used to actively trade with Citibank for both FX and FX options (through their "Dual currency accounts") before moving into offshore margin trading. I found the returns to be quite low considering the level of risk but this is another option if you want a way to speculate on the FX market.