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We Withdrawal from AUD for now

Discussion in 'Giant #2' started by Giant #2, Jan 23, 2011.

  1. MCL

    MCL Recruit

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    AUD going lower means USD strenght, were do you get that Giant#2

    Referring to Giant#2's call on the AUD going lower against the USD all the way down to .92 or .95 just when the fed as said it will extend the lower interest rate for at least two more meetings. I am new to reading your posts, but geez, I just don't see how you get that. it would mean the dollar would have to improve in value, and by a lot. It would also me the USD against the Frank would improve, all the way back up to the .97's or so, is that your read too. I mean who is going to step in and buy the US dollar now.
     
  2. Xenofanes

    Xenofanes Private

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    last weeks AUD/USD is going up

    I agree, with all respect to giants, I am just a small trader who makes small trades usually within a day or a week, because I could not sleep well if I śhould hold position for one year.
    And last week AUD/USD was rising as well and I would bet it might test 1,1 level this week.
    Sive Morten offers much better and what is very important regular analysis which could be easily traded if I wished to.
    I understand maybe in a year AUD/USD could be 0.7 or 0.8 or 0.9 but I couldnot afford hold position for half a year.....:):)

    I fully agree with basic thought of correction on comodities but what if it happens next year, when gold would be over 2000 USD....?
     
    #12 Xenofanes, May 1, 2011
    Last edited: May 1, 2011
  3. promualdo

    promualdo Recruit

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    So the correction has finally come, but AUD/USD touched 1.100 in the meantime...
     
  4. DJG

    DJG Corporal

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    Good day G2 , can you please start posting more trades strategies and analysis ? like daily and weekly ?
     
  5. WaveRider

    WaveRider Sergeant

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    Who's taking my money?

    G2, I agree with the last post. I'm very interested to hear how institutional traders think. The more the better. I read Joe Dinapoli's book and then watched 10 consecutive videos by Sive, doing his analysis with him. Really a great learning experience.

    I approach trading like a poker game. Knowing the other competitors is more important than the cards in your hand. When I talk about trading, I refer to G2 and Sive Morton as "Jesus" Chris Ferguson because they already have me figured out.

    Who's taking my money and who's money am I taking? If I can know that and how they think, then I can be come Chris Ferguson.
     
  6. gforce1

    gforce1 Recruit

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    G2 has gone very quiet. Are you still here G2? Hope all's well.
     
  7. DJG

    DJG Corporal

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    for a while i have been checking his last time activity status to see if he is around to post a new analysis , found out that he has been coming online every few days , but i don't know why he hasn't been posting anything ... i am looking forward to learn more from him
     
  8. AnthonyT

    AnthonyT Recruit

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    Is there anywhere else on Forex Peace Army site where AUDUSD is discussed? Am newie and haven't found anything but am keen to know more.
    And I concur with the other posts, would be awsome if G2 came back and gave his thoughts again.
     

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