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Thursday, 27 March 2008

Forex Assassin - All those who bought it!!

Thursday, 27 March 2008
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If you are a Forex Assassin system buyer and if you bought it through my link, then you should have received another email yesterday. Please check your email account that you used to buy the system. In my latest email, you should have received instructions on how you can get the access to the strategy using which I generate about 150 pips each week.Most of the people who followed the instructi...

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Monday, 24 March 2008

Outlook for the AUD - a brave man's forecast

Monday, 24 March 2008
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Reading some commentary on the Australian dollar I seem to be at odds with most of them. The SMH asserts “The Australian dollar may fall 7% in the next two months as commodity prices weaken and global equities decline”. The AUD reached a one-month low of USD90.97 last Thursday, down from its high of USD94.98 on 29 Feb 2008 – last reached on 29 March 1984. The argument for a weaker AUD is “The commodity...

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Sunday, 23 March 2008

March AUD/JPY Free Fall

Sunday, 23 March 2008
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On February 27th the AUDJPY reached 100.41 at it's highest. Less than a month later, on Mar 20th we got as low as 88.18 for a short period of time. That's a difference of more than 1200 pips in approximately 3 weeks!There's no way to be sure, except to wait and see how things turn out, but on the 16th we hit 88.16 when the AUDJPY bottomed out. At the very least there is some healthy resista...

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