Agreed blowy, the AUD POG has not done well over the last week and until it reverses the profitable trade will in all probability be the short side.......
Last major push to the upside to over $35 from 29/30, POG AUD bounced from 1122AUD and was pushing 1180aud......I still think $1200 us$ is possible this year if the USSA passes the healthcare bill with 20million attachments, but from a trading standpoint the support at $1000 seems to have be clearly broken and needs to be rebuilt......
A truley amazing rise in the AUD.....
Hi NTIVFF, we will have to agree to disagree, thats what makes a market, one things for sure, some information is better than none in my view, and if you discount it, thats your perogative ....
As a new member, one great thing you will find about HC is that if you make a call on a share it is logged, (time and price) and since the report has been introduced various calls on share prices based on Short sales data released from the ASX have been successful on more occassions than it has failed..........got to make your luck however you can....
Agreed blowy, the AUD POG has not done well over the last week...
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