XJO 0.74% 8,285.2 s&p/asx 200

Yes my weekly AUD/USD TP1 is 69 and TP2 74 but that might lead...

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    Yes my weekly AUD/USD TP1 is 69 and TP2 74 but that might lead into a monthly TP2 of 97 if all goes well. I went long on AUD/USD last week too
    I do wonder how the dynamics of an equity priced in Aussie dollars such as XJO works with AUD/USD going up tbh. My theory is that each pair has it's own chart and they can move independently, but others might expect one to go up while the other goes down.
    Interesting times!

    Yea the pegging might be cool. I met a hedge trader that recounted a parity party from back in the day lol
    Last edited by Dude1: 27/05/20
 
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