China cuts interest rate

[1358june]

China's central bank just cut interest rates a quarter point for the third straight time.

It's Sunday here in the U.S. with spot forex markets opening in 5 hours.

I'm thinking this is a good Aud/Usd short.

Any comment?

 

[loyek590]

China's central bank just cut interest rates a quarter point for the third straight time.

It's Sunday here in the U.S. with spot forex markets opening in 5 hours.

I'm thinking this is a good Aud/Usd short.

Any comment?

I'm chronically short eur/aud
have been for two years
sometimes it works out, other times it doesn't

I like being short everything

no, I don't like being long the dollar

haven't we trashed the Aussie enough?

China looks like the best deal going

and so goes China, so goes the AUD

 

[loyek590]

the problem with china is, you got a lot of slant eyed bitches who don't understand the value of currency trading

nobody takes that land mass seriously

about all they are good for is assembling iphones

if they want to join the 21st century they are going to need a tradeable currency

 

[xandman]

slant eyed bitches who don't understand the value of currency trading

Whoah. Easy Man. Admin could come down really hard on you for that comment.

Btw if there was such a thing as racial affinity to trading/speculation, it would be the Chinese. They were traders and used toilet paper centuries before the Caucasians in Europe.

That's my racist statement of the day.

 

[loyek590]

Whoah. Easy Man. Admin could come down really hard on you for that comment.

Btw if there was such a thing as racial affinity to trading/speculation, it would be the Chinese. They were traders and used toilet paper centuries before the Caucasians in Europe.

That's my racist statement of the day.

well, it's Sunday, and all American traders should know they are sitting on the edge and could be toppled at any moment

I myself am not racist (or maybe I am?), but I have to laugh when the racist media makes outlandish claims like "china owns all our debt" (you have to think about that one for a while. So exactly how am I hurt because a different ethnic group loaned me money?)

otherwise, China needs to get their shit together if they want to be treated as equals in the world market, especially their silly currency

 

[1358june]

You sure sound racist Loyek590.

 

[1358june]

I see now that the two previous weekend China cuts on 11/22/2014 and 04/19/2015 saw immediate sell offs of 100 to 200 pips respectively.

I shorted Friday and am targeting .7865 and .7765 with my Aud/Usd positions.

 

[loyek590]

You sure sound racist Loyek590.

well, I didn't start out that way. I just assumed everybody was just like me. Then I married a jewish woman, and one of my jewish daughters married an African man, and one of my pristine white goyam daughters married a jewish man, and the whole family went to hell. The greatest day in my life was when my band was playing at our local shopping center and Tony Dow showed up as the mmcee. Tony Dow? you don't remember? He had a military name tag on his U.S. military uniform chest. "Dow"

oh yeah, that was Wally, on "Leave it to Beaver"

those were the days

 

[1358june]

Nothing wrong with speaking from the heart Loyek590 and with your experiences it sounds like you've had serious human challenges related to dynamic ethnic couplings!

But your statement in question can't help but insult and demean some people.

 

[loyek590]

I see now that the two previous weekend China cuts on 11/22/2014 and 04/19/2015 saw immediate sell offs of 100 to 200 pips respectively.

I shorted Friday and am targeting .7865 and .7765 with my Aud/Usd positions.

aud is half the trade, what are you looking for on the dx? Not that I really care, I'm 100% short for the rest of May, but I get edgy and do like action and enjoy talking about other's opinions even though I never trade on them.

To each his own, I don't like trading that AUD against the dollar, but I do like trading it long against the EUR, and after my sabbatical, that's the first position I am going to put on