Below you will find pages that utilize the taxonomy term “AUDUSD”
The Aussie Dollar broke its trend, according to my system on December 16, 2009. This coupled with the recent breakdown of Gold makes me wonder if the shiny stuff is taking a breather or the global economy is truly in the mend. I don’t care anymore, I just care about riding a trend, taking a chunk out of it, and then saying goodbye when it goes bad.
Anyway, I'm outta here for the year!
It figures that the Gold and Oil markets start to collapse just as I go on hiatus. My guess is that hedge funds are selling their winners to cover their losers (financials, banks, etc). This has had a nasty consequence in the currency markets with the AUDUSD collapsing from its near parity with the USD to around 0.80. Next stop for Gold could be $600 and Oil maybe $80 (wishful thinking?
I wrote in my Stock Signal Reviews - Boeing and The S&P500 post yesterday that you can use Stock Neuromaster to create buy and sell signals for Futures data as well. If you can download your quote data into a CSV format (or at least transform it to CSV), then you can import that data into the program, build a neural net model, and generate buy and sell signals. The only downside is that you have update the model manually by downloading the next day’s, or week’s, data in CSV format.
I'm fooling around with carry trading in the AUDUSD pair. I've been long since last week and been underwater since then. However, I'm collecting a good amount of interest daily so I'm pretty happy about it. My rationale behind buying this currency pair is this: the pair is influenced by Gold prices and I believe we'll see Gold push higher, I expect the USD to continue to weaken, and the Australian bank is likely to remain hawkish and willing to raise rates.