I made two trades today. Long EUR/JPY which was later stopped out with -1R. It was pretty choppy throughout the Asian session. Second trade was made during U.K session, Long GBP/USD. It was a very slow and choppy trade. I left my stop loss order on and went to bed. I closed the position with +0.38 R around lunch hour of U.S session (2 am in Melbourne, Australia).
End the day with -0.62 R.
We have Aussie Interest rate statement released today. Most likely they are going to hold on with 6.5% at the moment. General Election is coming soon, I am wondering what would the current government do with the economic rates and figures now. Interesting. :-p
i closed out my long AUD/USD position today. (actually i’d
bought FXA, which is an ETF that pays a 5.5% dividend)
waiting for the AUD to drop on the rate freeze announcement before I jump back in.
FXA, interesting idea. I would have a look.
I am still bullish about Aussie. Yeah, but it is all about timing now, to get a good entry point.
i closed out my long AUD/USD position today. (actually i’d
bought FXA, which is an ETF that pays a 5.5% dividend)
waiting for the AUD to drop on the rate freeze announcement before I jump back in.
FXA, interesting idea. I would have a look.
I am still bullish about Aussie. Yeah, but it is all about timing now, to get a good entry point.
i was long AUD/JPY but closed out 2 weeks ago. should’ve gone short, dammit!
i was long AUD/JPY but closed out 2 weeks ago. should’ve gone short, dammit!
i’m expecting a pullback to the 83-86 cent range.
at that point i’ll probably move 40% of my savings into FXA.
Long term i feel there’s a good chance that AUD will achieve parity with USD – in 1980, it wil 1.20 so parity isn’t too farfetched of an idea.
i’m expecting a pullback to the 83-86 cent range.
at that point i’ll probably move 40% of my savings into FXA.
Long term i feel there’s a good chance that AUD will achieve parity with USD – in 1980, it wil 1.20 so parity isn’t too farfetched of an idea.