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- Esssex replied Jul 13, 2012
All the AUD/USD bears are only posting pictures of American women. Hmm..
AUD/USD
- Esssex replied Jul 12, 2012
As a currency investor it is a bad thing until the results of an I/R cut have been published or its effect felt, as a European consumer or equities investor it probably is a good thing. As we can't see the immediate results of a I/R cut and have to ...
AUD/USD
- Esssex replied Jul 12, 2012
Because the EUR is doing worse than AUD fundamentally. The other reason is that the rate cuts from the ECB have provided more reason to abuse the EUR/AUD as a carry trade. EUR/USD drop have been contributed to both USD strength and EUR weakness ...
AUD/USD
- Esssex replied Jul 11, 2012
Well, that works til it needs to use the toilet again and everything piles on and the vicious cycle repeats. A constantly growing pile of faeces that it can just keeping walking away from til it is too much to handle or just suck it up face it like ...
AUD/USD
- Esssex replied Jul 11, 2012
I make my trading decisions off fundamentals and I have been selling every pullback/rally for this pair since last week. It sure helps when technicals confirm my analysis with a downtrend. It also makes as a very good carry trade.Trend Trading All Pairs
- Esssex replied Jul 11, 2012
Indeed, you can be in the trade technically but it is best to understand the reason for the technical move ASAP so that you can best protect yourself from changing market conditions. I've taken my AUD bull bias to other pairs in which I think are ...
AUD/USD
- Esssex replied Jul 11, 2012
Contradictory post. I hope you see it. If not then it is ok, your life won't be destroyed by not seeing it anyway.
AUD/USD
- Esssex replied Jul 11, 2012
Don't look at the Aussie just as the Aussie itself. Look at the Aussie as part of the world economy and compare the Aussie with the other economies as well as the prevailing economic climate. See if you see what I am seeing. Sure, Australia will be ...
AUD/USD
- Esssex replied Jul 11, 2012
The USD strength is the only thing halting the AUD/USD pair from flying to the moon as DaddyBear would put it. No matter how bad Chinese numbers are the AUD won't be hit too badly. You tech guys only see the price charts and think it is sufficient ...
AUD/USD
- Esssex replied Jul 11, 2012
I wish I had something to contribute but I've been extending my trading TFs lately and the only thing I've been doing religiously was short every EUR/AUD and EUR/NZD rally. Today Asian session gave me a good entry point for longs on another 2 pairs ...
Euro/Dollar
- Esssex replied Jul 11, 2012
Wow, what about the average joes with regards to housing? Sound like they are in quite a bit of trouble. Those expensive properties are meant for resale or as vacation houses?
EURUSD
- Esssex replied Jul 10, 2012
No problem Kiwi, I am looking at my charts now and referring to some tech analysis books to see what you are trying to say. Will post some questions if I get lost trying to read the chart.
Euro/Dollar