Is it time now?uhm...AUDUSD

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1. Trader Gav — Trackback2008-07-24 01:28:00 UTC
   Is it time now?uhm…AUDUSD: Ok, first rule, I am only looking at the Long side of Aussie dollar (AUDUSD).. http://tinyurl.com/63u3lb
2. Caravaggio2008-07-24 14:03:00 UTC
   Hi TG, have you seen Oanda's new pages on the economic indicators. Pretty cool: http://fxtradeinfocenter.oanda.com/fxeconostats/?country=Australia&category= Looks like 5% carry in your favour on AUD. That would be a nice cushion for an outright cash position. I'm a bear talker on gold and AUD, but over a much longer horizon than what could rightly be called 'trading.' : )
   1. Gav2008-07-24 22:10:00 UTC
      Caravaggio, Man, cool stuff! Thanks for that. I totally understand your bearishness of AUD over the 'non-trading' time frame. :-) I am not totally positive on the economic perspective of Australia. But, well, for a small currency trader like me, riding the the wave is more important than my personal view..I guess :)
3. Caravaggio2008-07-24 14:03:57 UTC
   Hi TG, have you seen Oanda's new pages on the economic indicators. Pretty cool: http://fxtradeinfocenter.oanda.com/fxeconostats/?country=Australia&category= Looks like 5% carry in your favour on AUD. That would be a nice cushion for an outright cash position. I'm a bear talker on gold and AUD, but over a much longer horizon than what could rightly be called 'trading.' : )
   1. Gav2008-07-24 22:10:29 UTC
      Caravaggio, Man, cool stuff! Thanks for that. I totally understand your bearishness of AUD over the 'non-trading' time frame. :-) I am not totally positive on the economic perspective of Australia. But, well, for a small currency trader like me, riding the the wave is more important than my personal view..I guess :)