AUD here as well, just looking for a reasonable dip to buy. The Big Mac Index says Cable is a buy....
Where are all the trolls, flamers, and douche bags now? The dollar index was above 87 when I posted this, now it's under 82. Just because I have a funny handle, doesn't mean I don't know what I'm talking about. Everyone in the forum, read the posts from the first 3 pages and all the idiots calling me an idiot or saying how bad my call is, realize that they are all forum trolls and don't know shit about trading. Now you have a list of people not to listen to.
The good news- You made a nice call and good trade, congrats. The bad news- You have shown everyone here what a pubescent dickweed you are with your attitude. This site is a brotherhood of traders, do you really think you are the only one to make a good call? Should we all bow down at your greatness for calling a trade? Everyone here has good trades and bad, but most of us don't gloat like a idiot.
My take on this is dollar always acts contrary to commodities. Once oil starts creeping up, dollar will crash. Simple as that. It is all about oil not Euro
^ hmmm... Ive always assumed causality the other way around; that oil moves up or down on the strength/weakness of the dollar.