I am aiming for this turnaround! Buy AUD/USD at 0.88 to 0.89

Dear Friends,

We did catch the bottom of Aussie dollars in the past. It has been 8 months before AUD/USD pair reach 0.89 again. I do think again that a rebound is in the cards.

Buying zone for me is 0.88-0.89. Mid to long term trade. At least hold 3 months.

Rgds
Daniel

Is it time to invest in Aussie Dollars in the mid term？

Dear Friends,

As gold stage a rebound, does it seem like Aussie Dollars may be showing a mid term rebound soon?

Looks likely.

I am looking at 0.88 as the strong support.

Price quotes are based on Aussie futures, not spot price

Forex Tip: Aussie dollar go according to plan, we still holding on as trend has been up and not changed

Dear Friends,

Last Tuesday, we did mentioned longing Aussie dollars in FM95.8 radio station. Not long before talking on air, we issued this article for all to take notice on Aussie dollars.

http://www.danielloh.com/2013/08/austraila-dollars-short-term-strength.html

When we posted, we mentioned that Aussie short term trend may have changed based on our "Cash Ringing System" indicator (CRS). The futures at that time is trading at 0.8960. Now Aussie dollar is trading at 0.9200 highest reached today. 200 pips of paper profit now.

So far we continue to hold the position, and putting a stop loss at 0.9100. As Aussie dollar is a trending currency, let it hopefully trend.

For those who have not entered, our advise is not to now.

Austraila Dollars short term strength after interest rate cut by 2.5%

Dear Friends,

The long term trend of Aussie Dollar has been weak. But with today's government announcement of an interest rate cut, we feel this might be one of the swing trade play we could employ.

For long term play, we have to be a bit careful as Aussie Dollar is a trending currency. I would like to see a trend change before I hold long term.

So to me, this is a short term play driven by fundamental interest rate cut. Today after bouncing off our CRS system supporting line (see chart), it has been bullish. Short term downtrend may have halted.

Rgds
Daniel
www.danielloh.com