At the time of this video the aussie dollar was indeed at 25 year highs - around 97 US cents. In OCtober, almost overnight it plummeted to 60 cents. Its crawled up to 70 cents currently. predictions by Morgan Stanley are for sub 50 cents in the future.
What does thius mean for Australian investors? Gold is rumored to be looking good generally, but buying in now would be locking in the 30% loss in currency wouldn't it?
do you think it will fall below 50 cents like MS says? aussie looks good to me. right now i am going short GBP/AUD. aussie is a commodity currency while GBP is out of commodities. what do you think?
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DayTradersWin 9 months ago
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sancalicut 9 months ago
Interesting video - friend and subscribe for day trading, day trader, day trade videos, technical analysis...
DayTradersWin 10 months ago
wow
1 USD = 0.989008 AUD
1 AUD = 1.01111 USD
pozionmynd 1 year ago
At the time of this video the aussie dollar was indeed at 25 year highs - around 97 US cents. In OCtober, almost overnight it plummeted to 60 cents. Its crawled up to 70 cents currently. predictions by Morgan Stanley are for sub 50 cents in the future.
What does thius mean for Australian investors? Gold is rumored to be looking good generally, but buying in now would be locking in the 30% loss in currency wouldn't it?
brainman95 3 years ago
do you think it will fall below 50 cents like MS says? aussie looks good to me. right now i am going short GBP/AUD. aussie is a commodity currency while GBP is out of commodities. what do you think?
imrichyournot 2 years ago
david, do you know of any good chatroom where we can see life trading from a pro?
ney123456789 3 years ago
Amazing Mr. David grate lesson.
sharerx 3 years ago
Ugh. Just found out I missed like a thousand videos from the weird YouTube blurb. It didn't re-subscribe me. :(
AirelonTrading 3 years ago