AUD

[Kauri]

Looking o/s to me but my two bottom vindicators are rangebound so .... if the US likes the USD as much as the Europeans... mmm..
Cheers
..........Kauri

 

[ithatheekret]

8788 was my last exit I think , then it was a Chrissie work show ........

 

[ithatheekret]

OOH AHH , saved by a booze up it looks , thank heavens for Aussie traditions .

 

[>Apocalypto<]

Well well well what can I say.........

AUD EUR vs USD, USD vs CHF really played out well tonight....... tonight was a very nice one, all the plans went off with out hitch and over 150 pips reward off the three for stepping in....

won't gloat any more or i will go broke next week...... have a good weekend fellow pip hunters!

By the way, any reason for the meltdown tonight on the eur/usd & aud/usd?

 

[Kauri]

skippy unnder pressure..
Better- than-expected US industrial production..
metals are helping to pressure the AUD/USD too with copper prices falling over two cents a pound ..
Gold prices remain heavy ...
lot of short an medium longs geting taken out with fall below stromg support T/L..
the dow...hence risk
Cheers
.........Kauri

 

[Kauri]

stop set. bed beckons
Cheers
..........Kauri

 

[ithatheekret]

Well well well what can I say.........

AUD EUR vs USD, USD vs CHF really played out well tonight....... tonight was a very nice one, all the plans went off with out hitch and over 150 pips reward off the three for stepping in....

won't gloat any more or i will go broke next week...... have a good weekend fellow pip hunters!

By the way, any reason for the meltdown tonight on the eur/usd & aud/usd?

Gloat TI that was a good run down the platform to catch those trains .

Good show !

 

[AndrewM123]

Gloat TI that was a good run down the platform to catch those trains .

Good show !

Excellent show.....
A serious smacking for me tho

 

[Kauri]

At last the weekly is showing that we are around the top of the expected W2 area... will possibly dip deeper into it though..
on the hourly have pulled the stop up as the minor W5 may be done...
Cheers
.........Kauri

 

[Kauri]

Just may be time to start looking at both sides of the argument... for me well into the new year when the markets, and I, fire up again...
Cheers
..........Kauri

a newspaper article which quotes a grim outlook
for interest rates during 2008. They quote an internal Treasury forecast which
expects inflations to remain above 3%, the top of the RBA target band,
throughout 2008. The report says inflation could reach 4% by March making
further rate hikes a near certainty in the New Year. The only danger to stop a
rate hike in February or March is more liquidity concerns emanating from the CDO
debacle where banks build in a rate rising themselves.

 

[ithatheekret]

I'm all over the board to see the new year in .

Short on skippy and the swissie usd swap .

Running both ways on cable , came up for air in Asian trade , found the snorkel by the looks too .......... buying dips , selling peaks , in and out as I am not convinced yet , lots of funds at work .

Long the EUR/ GBP and EUR/CHF couldn't help myself ..........


............. and still long the Yen , well one pozzie and a couple of very recent add ons , boring stuff .......... looks like it just sat on a rocket too .

Now I'm back off to scare myself chitless on cable schwings .

 

[ithatheekret]

The only entries I that didn't get attacked by the trailing stop were the short on Skippy and my schwings on Cable . Fortunately these both made up for the losses and some . The Yen ...... yeah well can't make up its mind if it wants 110 or 116 , so a long 114.5 will have to do for now ...def. not imp.
but as Abbott reckons ........ chit happens . Nice spray of dust to clean off , before next year , darn lucky I didn't graze my knees in prayer .

 

[ithatheekret]

Third spike approaching 87.95 hmmmm.... what to do


wait for 88 to short I think .

 

[ithatheekret]

well the buy was in the 88.01's so ....87.97 it was .

 

[ithatheekret]

Well Skippy took me for a hairy ride yesterday , I've actually managed to get out with my teeth and enough for a few boxes of brown champagne .

Shorted the Pound , which has done wonderfully since my 2.084 entry and certainly made up for the extra heartbeats pumped out thanks to Skippy .

......... closed out that poz @ 198.42 on the buy bid .

 

[Kauri]

Like the look of Skip this morning... added some more..
Cheers
..........Kauri

 

[Kauri]

The lack of the Nippon brigade has made it a bit thin, but once the Euros, Brits and Yanks come in it may pick up somewhat...
Cheers
..........Kauri

The first
move was down this morning in thin conditions as an investment bank was noticed
hitting all the bids on the dealing platforms. This tripped a few weak stops
along the way starting just below 0.8890. This selling did not last long however
with a plethora of banks/investment banks seen buying AUD off the lows as if
there was no tomorrow. It obviously doesn"t pay to be bearish AUD in the current
environment with falls in such indexes as the Baltic Dry not about to faze real
money players. Perceived resistance around 0.8920/30 was weak and the AUD surged
past 0.8950 before running out of steam at 0.8962. The AUD has only pulled back
modestly since and this warns that the market could be ready to go again on the
topside when the next session gets underway. Traders weren"t saying much about
the moves today but the big players seem intent on differentiating between anglo
currencies with GBP and now CAD on the nose whilst AUD and NZD remain in hot
demand. Talk of a 50bps imminent US rate cut is obviously supporting AUD.

 

[caribean]

Yeah,the Aussie was the best choice this morning....
I rushed home about 9:30 and took the JPY gap, didn't check the news at all..

 

[Kauri]

Trade closed out in the early hours.. :sleeping: watching now to see if she pulls back into a W4 ret.. unless my count doesn't add up...again..
Cheers
.........Kauri

 

[Kauri]

a well defended barrier at 90... si I thought I would help out and throw my two bobs worth at it as well....
incidentally... a few yards lie at 150 on the Euro also, so if they give way... ..
Cheers
.........Kauri