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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Saturday, 11 February 2012

Aussie...late to the table

Have we finally got our Aussie dollar top ?  I was looking for one in the last week of Jan,(see previous posts) but better late than never..We slightly exceeded both time and price expectations...a "false breakout" in 2 dimensions ? Next week should reveal

Posted by at

7 comments:

  1. Anonymous11 February 2012 at 00:24

    I primarily trade the COAL STOCKS for a living as a full-time trader. Can you tell me how Aussie dollar weakness correlates with the coal sector? Is Aussie dollar weakness reflecting a slowdown in commodity demand out of China?

    Thanks!

    ReplyDelete
  2. Chartrambler11 February 2012 at 00:31

    I mainly look at the charts Michael but I am guessing sensitivity to China and anticipation of lower interest rates would be 2 key factors.

    ReplyDelete
    Replies
    1. Albertarocks28 February 2012 at 20:57

      That was Wagner bud. So was this:
      http://www.chartramblings.blogspot.com/2012/02/2-charts-from-joanne-kleins-public-list.html#comment-form

      Delete
  3. Chartrambler28 February 2012 at 22:14

    Yeah I thought it probably was AR but since it was a civil comment I posted it.The other 20 went straight into the spam bin lol!

    ReplyDelete
  4. Albertarocks28 February 2012 at 22:54

    You should see some of the crap he's tried to post at my house, lol. That's one leopard who's never going to change his spots. I basically don't comment 'anywhere' these days. Not worth my time anymore. Except here of course :-)

    ReplyDelete
  5. Chartrambler29 February 2012 at 01:32

    Yes .He drove someone else off Dan's board today.I have been trying to ignore him but today he accused me of plagiarism for not attributing a poem I quoted to WHAuden - like anyone would have thought I wrote it ! He is a sad individual bent on destruction and seems to be succeeding.Trading is tough enough and posting on boards should be fun and entertaining,notan additional stress.Such a shame.His mother has a lot to answer for,assuming he is human lol !

    ReplyDelete
  6. Albertarocks29 February 2012 at 06:08

    Yes, I saw that accusation on his part. I'm being very serious when I say that the man must be a complete and total mess inside his head. I am totally convinced that his self esteem simply "has to be" very, very low. I mean no mentally stable human being behaves like he does. I have to admit, it would be pure hell living my life if I was so full of self-hate as he is.

    My problem is that my life is rather sad as well. For although I've searched high and low for decades, I simply cannot seem to find anybody who loves me or respects me as much as I do. LMAO

    Have you dropped into Permabear Doomster's site? He seems like a nice bloke and he's another Brit, so I dropped him a comment tonight:
    http://permabeardoomster.blogspot.com/

    All the best bud. Keep your chin up :-)

    ReplyDelete

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