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- jplazard replied Sep 11, 2012
PS i am not in the Steve keen camp by the way he has been incorrect since 2008 on the Australian housing bubble I see other events occurring before this is going to explode in AUSTRALIA
AUD/USD
- jplazard replied Sep 11, 2012
Great points and I DID come off like a douche for that I will tone down. I agree the better short is getting in after the cuts but when cuts were discussed in Mid August we saw much lower levels on just talk. Now this could be a starting point for ...
AUD/USD
- jplazard replied Sep 11, 2012
no one is arguing that AUD/USD is bullish these last several days but to say that this is a long signal when it has NOT outperformed any metals for the last 10days is crazy. So far yes I will agree that their is a minor shift with AUD/ and metals on ...
AUD/USD
- jplazard replied Sep 11, 2012
Besides the shorts I put on today if we crack higher here I will be waiting to take the other side url
AUD/USD
- jplazard replied Sep 11, 2012
To the poster above me your basing this 'strong long' on less than 3 days of observance of performance.. I would wait for a weekly close of out performance to even consider this as an argument for a long. if you go out further than 5Days AUD/USD is ...
AUD/USD
- jplazard replied Sep 11, 2012
at 1.12 do you know how hard it will be for Exports and Retial side they will be so screwed just like Britian was in the ERM.... QE3.. not happening for awhile even if it does people think the fed can do the same amount in QE1 if people review their ...
AUD/USD
- jplazard replied Sep 11, 2012
Michelle you will get there as will everyone else here who puts in the time and treats this like what it really is a job... Those who draw cartoons and think this should be a fun time and treat it as a hobby will never go full time and will revert ...
AUD/USD
- jplazard replied Sep 11, 2012
The big SHORT is coming I took the inital position sor far on AUD/USD and will start on AUD futures later today.. Here is the short levels and my short entries going into this week.. I fully expect to be down today a bit and tomorrow when the hype ...
AUD/USD
- jplazard replied Sep 11, 2012
Hello FX, Mostly it was due to the fact we bounced off of the Weekly ABC pattern set so far the 88.6% exntension was hit 1.0322 and we were seeing consolidation from Thursday/Friday spike. Also it was intuition that this spike has a bit more leges ...
AUD/USD
- jplazard replied Sep 11, 2012
I knew I didnt like the short anymore that triangle forming during Asia was ugly I will reshort at the- area for the bigger fall..Still no ABC on the upside but once we get failure from QE3 again this week we should see more sideways action from ES ...
AUD/USD
- jplazard replied Sep 10, 2012
Gnarly your good I will eat my words here and I broke my Number 1 rule dont trade this session and wait for London.. My short was closed out at a no reason but some figment of a triangle that may or may not exist.. Your short if you are short is ...
AUD/USD
- jplazard replied Sep 10, 2012
Gnarly, Like the chart and Agree LH's LLs and this looks like a mistake on my part I normally don't trade during this time but for some reason I did it most likely will bite me in the A** we will see
AUD/USD
- jplazard replied Sep 10, 2012
reason why I don't like the short anymore I will sit on my hands and wait for the post above to to re enter.
AUD/USD
- jplazard replied Sep 10, 2012
I am closing the Friday short not liking the chart below will reload at the levels mentioned in the earlier post or when this upper channel hits..
AUD/USD
- jplazard commented Sep 10, 2012
The recent decline in spot iron ore prices is large by historical standards. At less than USD90/tone presently, the spot iron ore price has fallen over 30% since June and is well below what had been considered its floor price of around USD120/tone. ...
Robust Australia growth will prevent rate cuts: NAB
- jplazard commented Sep 10, 2012
here is a preview of a peice I will post in full when My short AUSTRALIA journal comes up but as I mentioned before you need a higher Iron ore price to sustain these levels or you will see a domino effect from Corps, to Gov, to retail
Robust Australia growth will prevent rate cuts: NAB