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ParticleMan

Aud Set For A Turn?

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Hey gang, hope you're all keeping well and enjoying the Bank holiday.

2aaudus1ylarge.gif

I think there's an opportunity to get short AUD here; for me, sell GBP buy ASX:ZAUWBA, but that's only one angle to the play (sell AUD buy USD would be another); say shoot for 10% improvement with loss limit set at 5% (it's going to be a bumpy ride whatever happens this Q judging by my workflow).

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Hey gang, hope you're all keeping well and enjoying the Bank holiday.

2aaudus1ylarge.gif

I think there's an opportunity to get short AUD here; for me, sell GBP buy ASX:ZAUWBA, but that's only one angle to the play (sell AUD buy USD would be another); say shoot for 10% improvement with loss limit set at 5% (it's going to be a bumpy ride whatever happens this Q judging by my workflow).

This thread http://www.housepricecrash.co.uk/forum/ind...howtopic=124077 and the toning down of the chinese money pump supports your case.

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