Dukascopy Smart People Community

Looking for a good start to this month

AdamFx42 Posted 1 Ago in #Trader's blog #AUD #Trader Contest #Rba #Interest Rate

I am looking to start off well in the August competition
The trade that I have picked out is selling Aud
I expect a rate cut from the RBA, which might come as a bit of a surprise
The economic data support a cut, but not all banks agree with that
Commentary from Australia support a rate cut tomorrow though
So, I am long EurAud, and short AudChf, and AudJpy
gl all

Read full story

Translate to Inglese Show original

Switching to AUD longs

AdamFx42 Posted 3 Lug in #Trader's blog #Rba #Interest Rate #AUD Longs

I am switching to Aud long positions before the weekend close
I am down to about 50K in the competition now
after I lost a lot in Nzd longs - it all went the wrong way for me
I am now switching to Aud longs - small positions now before the weekend close due to margin,
and I will add to them when market opens again
The reason for Aud longs is that the RBA is expected to keep rates on hold next Tuesday

Read full story

Translate to Inglese Show original

Buying AUD before the interest rate decision

AdamFx42 Posted 1 Giu in #Trader's blog #AUD #Rba #Interest Rate

I am buying Aud/Usd and Nzd/Usd at these extremely low levels
Aud/Usd because there is the interest decision tomorrow and it is highly unlikely that the RBA cuts again so soon
The decision - to hold the rate - will probably lead to buying,
Nzd/Usd should be supported above 0.7 for now, and I am looking for some kind of bounce here
gl all

Read full story

Translate to Inglese Show original

RBA rate decision coming up soon

AdamFx42 Posted 5 Apr in #Trader's blog #AUD #Rate Decision #Rba #Rate Cut?

The RBA Australian rate decision is due Monday night
Will the bank of Australia decide to cut the rate from 2.25 to 2% on Monday night?
A survey of leading economists suggests that the opinions are split evenly,
about half of them think a rate cut is coming
Among traders, the belief of a rate cut is much higher - 75% believes the RBA will cut
It will be a tough trade to make on Monday night -- 4:30 GMT,
it is probably wiser to stand aside until the decision has fallen and look at the technicals
…

Read full story

Translate to Inglese Show original

Trade with Swiss Bank

Community

Mobile apps

Related resources

Dukascopy Community

LIVE CONTESTS

Automated trading

Dukascopy Binary Trader

Miss Dukascopy

Miss Dukascopy

Code of Conduct

Have a question?

Contact Us

Dukascopy Connect 911

AdamFx42's Blog

Looking for a good start to this month

Switching to AUD longs

Buying AUD before the interest rate decision

RBA rate decision coming up soon