Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Dec 2, 2009 21:33
Comments: 475
View Hot-Chart
This thread was started in response to the Hot-Chart:

Aussie Dressed up but where to Go?

 
Callum
Singapore, Singapore
Posts: 179
15 years ago
Feb 18, 2010 3:55
@pippedoff, you've been great breaking the IMF Gold news on this forum. Thank you! I was able to act on it immediately. I saw Ashraf's IMT also a bit later... I was surprised CNBC's Sri brought it up in Squawk Australia session, but as expected, it was rather dismissed by panel of Aussie analysts. I am a big fan of you and Ashraf. Keep up the great work...Callum
Callum
Singapore, Singapore
Posts: 179
15 years ago
Feb 18, 2010 3:44
RBA was propping / purchasing middle last year and their disclosed in December 2009 of their November activity where they become net-sellers of AUD last year. Evident at that time when the correlation broke with other ccy pairs and equity. As for today's trade, I also closed from my AUD/USD shorts around same area and looking at re-entry points at the next bid up. Where do you get money flows data? I once used a broker that had subscription to flows data, I don't use them anymore, but it was useful data.
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 18, 2010 2:13
Just closed off short AUD/USD at 0.8949.

For this trade I woul personally like to thank the RBA, who was disclosed to have sold $295,000,000 (million) of currencies in the Month of January through various dealers AGAINST their own currency.

In other words folks, the RBA props their own aussie currency, exactly as I hve been telling you all.
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 18, 2010 0:45
Just released: RBA purchased $295 MILLION dolars worth of Aussie through various dealers in January.

I CALLED IT. I've been telling you RBA is blatant manipulator of their own currency.

Funny, SNB devalues their currency. RBA props their currency.
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 17, 2010 23:55
@syd-your Dad's a pretty smart fella!
sydneyjames
Sydney, Australia
Posts: 348
15 years ago
Feb 17, 2010 23:52
aud should be around 0.75-0.85, according to my dad...
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 17, 2010 23:34
Only a few more hours remain until the RBA and it's ilegitimate cousing NAB do not dominate the prop trading of their beloved Aussie.

If they think it is undervalued at 0.8986 AFTER A recent 400 pip-move up, imagine how udnervalued they will think it is at 0.86/0.85
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 17, 2010 23:31
Unbelievable!! I can't believe some of this material that is out there.

The high for Aussie yesterday was around 0.9038.

Just now the RBA's dirty cousin, National Australia Bank is out trying to publicly prop AUD/USD. Read this:

according to their fair valu model, Aussie is "Ripe" for gains as it is UNDERVALUED. Their modeling has a price level of0.9040/0.9050. So, in other words, it was at fair value just a few hours agoo.

These guys are blatant. Um, RBA and NAB, my fair value is 0.85. It is GROSSLY overvalued.

Shall I hire my own henchman prop traders to bang the offer on aussie all day to manipulate it lower, just as you prop it higher?

Imagine the tears in their eyes when their GREAT currency gets pounded in here.
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 17, 2010 22:39
Im long USDCAD. Layered orders to close at 1.0533 and 1.0562.

How's that AUDUSD working for ya?
said
mulhouse, France
Posts: 2822
15 years ago
Feb 17, 2010 22:38
HE PIPPED

WAHT R UDOING TO PEOPLE?
I GAVE THE TIP U RECEIVE THE THANKS

LOOKS LIKE SOME TIP AVIATION SAFETY FOR PPT