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  1. C

    Aud/usd

    Because markets basically are closed for 4.5 days -- midday today to Wed am -- traders may be positioning today to protect against further rises in US treasury yields. Better exposure over the holiday is yield rise not yield fall. Hence yield on US 10 year up, with Aussie dollar -- a...
  2. C

    Aud/usd

    Yes, thanks, and it's especially nice to still have most of the equity in the move as the session close approaches.
  3. C

    Aud/usd

    Thursday's early action in Aussie stocks may account for present bid in the Aussie dollar: Dec. 28 (Bloomberg) -- Australian shares advanced, led by BHP Billiton and Rio Tinto Group, after prices of metals including copper gained. The S&P/ASX 200 Index rose 20.40, or 0.4 percent, to...
  4. C

    Aud/usd

    Bleeding some hard-won equity. Standing pat, though. Reasons? Consider Australian equities, mining stocks included, which reflect strength in coal, oil, and base metals. That strength is an implied, substantial bid in Aussie. Should hold up for the currency unless US treasury yields...
  5. C

    Aud/usd

    Now in HP territory, long twelve AUS near month futures, avg in .7803. Avg is plus 7800 because of two added at .7834 last week, after BOJ annoucement. HP = high pucker.
  6. C

    Refco out of Ch. 11 - payout %'s

    I had understood from some time ago that the Refcofx customers could expect no more than the 23-38 cent range cited above, not the much higher figure you mention, which the article mentions in connection with RCM customers.
  7. C

    Aud/usd

    Strap it on, combat joined: long Aussie future under .7800.
  8. C

    Aud/usd

    Geez, me and my pea shooter have scared off the Aussie bears -- future bouncing off 7800.
  9. C

    Aud/usd

    Market wants to run at .7800 in Aussie front-month future. If 7800 breached, I'll add to the Aussie long position I began prior to BOJ annoucement. As a precaution, in view of holiday trading, I'll stretch my stop a bit, by about 20 percent to approx. 7706-10.
  10. C

    Good broker for trading Scandinavian currencies ?

    Have you checked Saxo reviews on ET's broker ratings page? You might want to before recommending it. Of course, if you're basing the recommendation on your own experience with Saxo, by all means let us know about it. I'll tell you mine.
  11. C

    Aud/usd

    No. I believe you'll see 7851 & lower cash.
  12. C

    Aud/usd

    Anybody else following AUS from the long side and, if so, do you have predictions for price action next week? Most especially, any clues about what to expect volatility wise?
  13. C

    Aud/usd

    Nice early volume in Aussie this session. Unexpected, I'd say, given the holiday. Bargain hunters maybe?
  14. C

    Aud/usd

    Dang if those fellas at Bloomberg's aren't dead on. Here's today's post mortem on BOJ's announcement Tuesday: Dec. 20 (Bloomberg) -- The yen dropped to lowest in more than a month against the dollar and touched a record low versus the euro as speculation waned that the Bank of Japan will...
  15. C

    MPEL IPO - Straight Macau Gaming Play

    Is there one chance in a million that EVERYBODY does not know and believe this already? Who's left to convince?
  16. C

    List of FOREX brokers which let you fund your account with a credit card.

    Are you by chance also interested in the list of regulated, exchange-traded currency products? I'll start: CME currency futures There is a large number of reputable, registered firms that broker CME futures for retail customers. They do not take credit cards.
  17. C

    Aud/usd

    I appreciate the risk of an Aussie play: the door for speculators is much smaller for it than for the majors, hence a greater likelihood and fear it may crowd more quickly. You could suffer or benefit from a startling move at any time.
  18. C

    Aud/usd

    On board?
  19. C

    Aud/usd

    Aussie can pierce .8100 by March, creating an excellent reward to risk of 5 to one using a reasonable stop 55 to 70 ticks from entry.
  20. C

    Aud/usd

    I would not be short Aussie going into BOJ annoucement. Price action, even if whipsawing as speculators decode and read the tea leaves, should resolve long Aussie, if I am correct.
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