Nonsensical. All based on the FOMC's "projection" that a recovery is taking place. Temporary move...

Aussie Trading Room and Cartoons Gallery

I'm here. To the moon!!!

Aussie Trading Room and Cartoons Gallery

AUD leading index came in good (0.3% vs 0.1% last month), and yet price skyrocketed lower. Thoughts?

Aussie Trading Room and Cartoons Gallery

What indicator is that on the bottom?

AUD/USD

Right, I know its tomorrow. Just trying to plan ahead. What do you think about that sort of move?

Aussie Trading Room and Cartoons Gallery

What do you guys think about a hedge on AUDUSD ~10 min before FOMC announcement? Everytime Benny opens his mouth the chart just seems to vibrate. Seems like a fairly safe play to look for ~25 pips in each direction before the market decides which ...

Aussie Trading Room and Cartoons Gallery

Ok, so if both AUD and CNY cut rate, AUD should press lower. Correct?

Aussie Trading Room and Cartoons Gallery

Right. Expected future path of AUD interest rate is down, at least in the short-term. Correct? So if China cuts rate AND Australia cuts rate, its a wash, no?

Aussie Trading Room and Cartoons Gallery

That does help, thank you for the explanation. Which is why I don't understand why AUD is taking such a beating I guess.

Aussie Trading Room and Cartoons Gallery

I'm new to FX and monetary policy. Can you explain the logic behind this?

Aussie Trading Room and Cartoons Gallery

So what exactly is the FCC?

Aussie Trading Room and Cartoons Gallery

I can agree with that. I actually have a long underwater waaaay back at .969. Its a small position though and I can handle the drawdown. So naturally I am hoping for another chance to go long and ride a wave to my other position which I can exit for ...

Aussie Trading Room and Cartoons Gallery

Dunno what to do right now. Just waiting for FOMC I guess...

Aussie Trading Room and Cartoons Gallery

I think we are due for at least 200-300 pips north. After that, who knows....back to 1.02 or down to .87?

AUD/USD

Yup I have same thought...

Aussie Trading Room and Cartoons Gallery

I had a couple shorts last month but got chicken near 965. Now I'm only playing the long direction until we hit 985 or so and then maybe I will look to short or hedge a position.

Aussie Trading Room and Cartoons Gallery

Sooo parity is on the menu for the monster?

Aussie Trading Room and Cartoons Gallery

Ok thank you. I am shopping for some sort of datafeed and this seems reasonable. When you have time could you please send me the link to exact service you have?

AUD/USD

How much do you pay for this service?

AUD/USD

Where did you get the data?

AUD/USD