Aloha everyone ive decided that im gna buy aud.usd, as the time has come.
I have always had a sorta thing for the aud/usd..

(Its just the most exotic pair and so i was drwn to it) lol
Eur/usd still got further to fall before rebound, but look at the montly/yearly chart for aud/usd!!
We undone nearly 5years steady rise in 2months!!
But based on what exactly??? :eek:
What happend that 1day that made the dollar suddenly become such an attractive and powerful currency that everyone wanted to have??
The country that the dollar belongs to is crashing by the hour!!
Over the last 2 months the ONLY good thing for usa was oil price fall.
Nothing else that can justify such a steep fast fall aud value!
i mena fking hell they got over 7% interest rates and still doing fine, USA have under 2% and going bankrupt! lol
So as soon as my sb firm opens and the fx market opens im gna buy aud/usd, with a stoploss at 7756.
(so barely £100 risk, and potentially gna be 900-1000ticks+ move, and if i see a clear up trend starting il add a contract or 2).
ANyone fancy joining me on this??