Comments on: AUD: Nearly time to call a bottom?

By: Abhi

Abhi — Thu, 13 Mar 2014 18:08:55 +0000

Totally agree with you Sean. Definitely time for long AUD/NZD.

By: Lam-Son

Lam-Son — Thu, 13 Mar 2014 09:32:37 +0000

I tend to agree with you Sean. GBPAUD looks more and more interesting on the short side.

By: mike

mike — Thu, 13 Mar 2014 08:28:45 +0000

Thanks, I just have a small position and will add at 1.045x. I don’t really look at the AUD/NZD chart that much, I just divide (audusd/nzdusd) … I am assuming that NZDUSD will consolidate below .8675 while AUDUSD test .92.00/.50. that assumption puts AUD/NZD at 1.06 .. unless there is a short term major sell-off in AUD while NZD floats, I will just let this one ride with TP at 1.0850/0950 to 1.12.

By: Sean Lee

Sean Lee — Thu, 13 Mar 2014 08:01:53 +0000

Good luck Mike, you’ll be glad to know that I’m square AUD/NZD so no kiss of death 🙂

By: mike

mike — Thu, 13 Mar 2014 07:56:33 +0000

Agree Sean, had a pending long in AUD/NZD trigger earlier (spread hurt me, but already looking good).

Milk futures are do to consolidate/pullback!

http://www.cmegroup.com/apps/cmegroup/widgets/productLibs/esignal-charts.html?code=DC&title=MAR_2014_Class_III_Milk_&type=p&venue=0&monthYear=H4&exchangeCode=XCME

http://www.cmegroup.com/apps/cmegroup/widgets/productLibs/esignal-charts.html?code=DC&title=APR_2014_Class_III_Milk_&type=p&venue=0&monthYear=J4&exchangeCode=XCME