Iv never studied economics & my fundamental knowledge is next to nothing...here goes: USA has 15 trillion debt that doesn't look it can be paid overnight, best to inflate some of that debt away, hence rates will be kept low & pray the economy ...

Aussie problems discussion

With all the bearish news from China & aus, why hasn't it already fallen to parity & lower? A rate cut is already priced in...a 50 base cut would only fuel the housing bubble over there...but 3.75% still beats the 0.25% USA dollar rate...Europe is ...

AUD/USD

mr bandwith...north...but how far is the question? aussie is hovering around its 200 day moving average...Rsi hasnt crossed 50 on daily...so what do u think...a slow grind to 1.0500 or back to restest 1.0800? all we can do is wait and see i ...

AUD/USD

Blind optimism suggests 25 base rate cut, already priced in, rises to 1.0450 and trigger more sells, rise to 1.0550 or 1.0640, shorts all go long, drop to parity...then go for a new high as fed announces QE3-4...off course this in all in my head... ...

AUD/USD

With ydays cpi it wasnt able to hit a new low, so the rate cut is most likely priced in unless they do a 50 point cut...so maybe a triple bottom and head back to 1.0400...

AUD/USD

Where do u think price will hit first...1.0270 or 1.0500?

AUD/USD

im no economist but err a rate cut wouldnt be bullish for aussie...on one level a rate cut may stimulate greater lending locally and that may improve growth or employment, but that will have an effect couple of months down the line...a rate cut ...

AUD/USD

im looking at daily and to be honest it looks pretty bad, there might be support at parity or at 0.9945, but im seeing no real demand levels unless it breaks past 1.0400 convincingly...and when the markets are tanking, unless there is fundamental ...

AUD/USD

Thanks for the answers, i wanted to use it as a clue but no point in using a flawed tool, and especially if my understanding of it is also flawed...

EURUSD

although the probability of getting a sensible answer on this thread is extremely remote, i am going to ask a question and pray someone gives me a clue... im looking at the positioning on oanda, and the last week theyre were 70% traders short on ...

EURUSD

morning, the aussie COULD do with a pullback, esp as on 4 hour chart its about 300 pips away from the 200 MA, and 1.0400 being top of the down channel on 4 hour... on the other hand from the rally from 2009, it hasnt even retraced to the 38.2% level ...

AUD/USD

hi im looking at the oanda open positions and it still seems there are still loads of people long on aussie, so it may need to drop further to screw over the longs and maybe trigger new shorts at 1.0250 and 1.0200 level

AUD/USD

lol...fine ONE word of advice would be...PLAN what some people call luck is what other people known as being prepared...

Cable Update (GBPUSD)

one word of advice for all on this thread... DO NOT FOLLOW ANYBODY BUT YOURSELF... all traders have their own plan, they may looking at different timeframes, they may have huge accounts, playing small lots, various stop loss orders... so if you wish ...

Cable Update (GBPUSD)

We are all entitled to our opinions but that last post was plain retarded...this isn't about socialism, this isn't even about capitalism or communism, the global protests are about human greed...we have on one side individuals worth billions and on ...

Essentially the world is protesting against YOU

Bottom line is we can all debate philosphy and our own version of utopia or eden or heaven...i suggest u make money via trading and then think about how u can improve things on a local level and maybe one day influence things on a national ...

Essentially the world is protesting against YOU

Think of the effects of wealth distribution...I work for a well known company whose owners have a personal wealth of 1 billion pounds, a fortune, thru their work they've created a successful business which offers consumers great deals but it's based ...

Essentially the world is protesting against YOU

Perhaps I'm being too simplistic or too naive, but any protest by society is to help correct situations that if left to snowball will bring all of society down...the people protesting don't realise that all countries face three multiple problems... ...

Essentially the world is protesting against YOU

Hi im learning about trading gold...does gold work on supply n demand basis? And currently on daily chart are we forming an ascending triangle? Plus the 50% fib level of the fall from 1909 is around 1720...does gold correlate with forex pairs?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

if you lost 50% in one week, then you need to reconsider everything, cos it means u may be overleveraging and betting too much, and you have no stop loss, and probably no strategy either if your taking advice off the tv/internet...euro could drop to ...

EURUSD