Sunday 1 April 2012

Australian Dollar Vs US Dollar - AUDUSD

Commitments of Traders for Australian Dollar AUDUSD
The growth of the Australian economy is very much dependent on its resource exports especially to China. Even though we are hearing that the Chinese economy is going to slow down, it will still be business as usual for the Aussie. The commercials are still holding the same net position level (percentage of traders) as they did exactly 3 years ago.

2 comments:

  1. i chance upon your blog while i was googling for larry williams stuff. I would say this is quite a nice blog and keep up the good work =). I would also like to ask what platform are you using?

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  2. hi there! thank you for the compliment :)

    Im using metatrader and ninjatrader

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