QUOTE(dillmac @ Dec 9 2011, 04:14 AM)
darn, I missed the bearish ride. haha, but what a good trade tonight.
AuD pair is actually not quite bad! It moves rather quick, which is nice. I never tried trading it just because of the pip spread. haha! But now I see that the opportunity to profit with AuD will greatly cover the spread.
I hope everyone here who's been trading AuD pair, which I know from reading posts that Mr Rime, Poks, and Mabsandcals does, could help me a thing or two about the pattern and attitude of this pair. I do know that this pair correlates with EuD and UsCad, it can also correlate strongly to either one especially when one moves faster and larger pip range.
Great pips everyone!!

hmm AUD most active around 7.30am myr which is their 9.30am
from there on it will move most around asian session and before opening of EU session at 2pm start all the way up to US session 12 am
corelation between EU is about 80% and commodities which they are major producers
expect daily to get a range of 80 pips / 50 avg
for major moves as usualy 150 pip is possible

edit:
they are highly corelated to china as a trading partner, and i usually watch its cousin aud/jpy
This post has been edited by mabsandcals: Dec 9 2011, 10:02 AM