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Old 04-02-2007, 03:10 PM   #1 (permalink)
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Default AUD Retail Sales

The numbers released were better than expected on AUD retail sales. Normally I wouldn’t be looking at other pairs apart from cable, but it looks good; and the reaction to it was not really that fast.+15 pips on this one, stopped out on my SL.AUD seems to be fundamentally strong.

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Old 04-02-2007, 03:44 PM   #2 (permalink)
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Default Re: AUD Retail Sales

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Originally Posted by nobsforex View Post
The numbers released were better than expected on AUD retail sales. Normally I wouldn’t be looking at other pairs apart from cable, but it looks good; and the reaction to it was not really that fast.+15 pips on this one, stopped out on my SL.AUD seems to be fundamentally strong.

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Typical ausie, reaction is very slow. Since we have interest statement come out this week, retail sales is the news that could support hawk with good numbers
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Old 04-02-2007, 03:52 PM   #3 (permalink)
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Default Re: AUD Retail Sales

sorry, but what's hawk?
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Old 04-03-2007, 03:46 AM   #4 (permalink)
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Default Re: AUD Retail Sales

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sorry, but what's hawk?
Sorry, I mean hawkish. RBA suppose to rise interest this month (tomorrow) or next month with good retail sales number especially they keep sound it.

We will see sharp move downward if we can't see any interest hike or hawkish statement tomorrow
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Old 04-03-2007, 04:00 AM   #5 (permalink)
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Default Re: AUD Retail Sales

so thiec is a fundamental trader as well?
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Old 04-04-2007, 09:59 AM   #6 (permalink)
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Default Re: AUD Retail Sales

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so thiec is a fundamental trader as well?
No exactly. Just always follow the news
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