Trading on such high volatile pairs is really not easy. But its possible, a trader can trade on any pair (provided the spread is not extra huge) and on any time frame if he is using good money management.
Just one of a number of articles predicting an upturn for the Aud against Gbp
Weekās Australian Dollar Rate Predictions Vs GBP, EUR And NZD As Risk Appetite Improves
Interesting how the rise in AUD has been linked to a hike in iron ore prices, yet when you look at the last Chicago Mercantilr Exchange Commitment of Traders report for Iron Ore futures, the commercial AND non-commercial open interest is almost 50-50 open/shortā¦ So the rise in the last few weeks could be also due to the USDās weakness and the AuDās relative cheap valueā¦ I am not sure which, but the question remains: how much will the rally continue?
GbpNzd long at 2.1411, welcome back old friend
RBNZ governors speech due in 5 hours, hope to have some pips secured before then
Fingers crossed, Eddie!!
EUR/USD is still one of the most popular currency pairs out there, so many people are interested in it. I think itās normal for the thread to be popular.
Yes you are right, it is normal 
Returned to SL, still banked a few pennies
GbpNzd long at 2.1322, targeting 2.1450
Blimey, that was quick!
SL moved to +70 pips
ā¦and out!
Nice, easy, quick 70 pips. Iāll take trades like this all day long
NzdUsd short 0.6646, pushing down around 0.6600 currently
Short UsdCad at 1.33816
ā¦and out for +40 pips
Long UsdJpy at 112.97
What a strange day yesterday was, pairs flying or dropping all over the place on, what wa essentially, no changes.
How do you pick the next move? Eur was up against the Usd, down against Jpy. Jpy down against Aud. Aud and Kiwi up against everything.
Madness, i agreeā¦we will have to probably wait ANOTHER week for.markets to āsettleāā¦
What a bore!
:41::41:
Wait a week? Not a chance!
Hopefully ive just spotted the first signs of an upturn/retracement in GbpNzd, LONG st 2.0945
May the luck of the Irish be with me on St Patricks Day :41:
Stop in at 2.1010
[B]Things like this amaze me[/B]
DOLLAR CONTINUES TO WEAKEN
17 March 2016, 12:33
Snapshot:
-Dollar falls; U.S. 10-year Treasury yield 1.871%; U.S. stock futures gain; Nymex $39.24; gold $1268.00
-Watch for: Weekly jobless claims, export sales, wholesale inventories, EIA weekly natural gas storage report; no major earnings
News: Swiss Central Bank Holds Negative Rates Steady; Norway Cuts Key Rate to Boost Sagging Economy;
Markets Outlook:
Forex:
In Europe, the dollar extended its declines after the Federal Reserve on Wednesday signaled a slower pace for U.S. interest rate increases and gave a cautious outlook on the world economy.
The euro was last up 0.5% at $1.1265, while the buck fell 1% against the yen to Y111.6290. The WSJ Dollar Index, which measures the dollar against a basket of 16 currencies, fell to its lowest level since October after the Fed announcement.
The U.S. central bankās statement āstruck that fine balance between confidence in U.S. economic recovery that warrants rate hikes, whilst also highlighting global downside risks that allow it to [rein] in projections for future U.S. interest rate hikes,ā said Accendo Markets analyst Mike van Dulken in a note.
Weekly jobless claims are out at 8.30am ET Thursday, and are expected to show 268,000 Americans filed for unemployment claims last week. That would be a 9,000 increase from the 259,000 recorded the week before.
Also at 8.30am, the Philly Fed manufacturing index for March is due. The index is forecast to improve to negative 0.5 from negative 2.8 in February. The current account report for the fourth quarter comes out at the same time.
After the market opens, readings on job openings for January and leading indicators for February are slated for release at 10am.
Bonds:
In early European trade, the yield on the 10-year government bond was 1.871% compared with 1.940% Wednesday.
Fed funds futures, used by investors and traders to place bets on central-bank policy, showed a 12% likelihood of a rate increase at the Fedās April policy meeting, according to data from CME Group.
The odds were 26% before the Fedās rate statement Wednesday.
The probability of a rate increase at the June policy meeting was 38%, compared with 52% earlier. The odds for December were 69%, compared with 82% before.
The announcement āgives some investors a sense of security that they didnāt haveā about the path of interest rates, said Larry Weiss, head of trading at Instinet.
Equities:
Wall Street looked set to open higher, as investors continued to cheer a dovish statement from the Federal Reserve, which signaled a slower pace of rate hikes.
Dow futures fell 0.06%, while S&P 500 futures were down 0.12% and Nasdaq futures were down 0.18%
Commodities:
Oil prices rose in Europe as the dollar weakened after the Fed dialed down its expectations for rate increases, while major oil producers set a meeting to discuss a supply freeze.
Brent crude, the global oil benchmark, rose 2.2% to $41.23 a barrel on Londonās ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 2.7% at $39.50 a barrel.
Gold gained 3.1% to $1,268 an ounce, spurred by a weaker dollar and the prospect of lower rates.
=======Calendar=======
ET
0830 US Weekly Jobless
Claims
0830 US Weekly Export Sales
0830 US Q4 Current Account
0830 US Mar Philadelphia Fed
Business Outlook
0830 CAN Jan Wholesale
Inventories
0945 US Bloomberg Consumer
Comfort Index
1000 US Jan Job Openings &
Labor Turnover
Survey
1000 US Feb Leading Indicators
1030 US EIA Weekly Natural
Gas Storage Report
1630 US Federal Discount
Window Borrowings
1630 US Money Stock Measures
1630 US Foreign Central
Bank Holdings
N/A US Arctic Council
Senior Arctic
Officials Meeting
concludes
Top Stories Of The Day:
Swiss Central Bank Holds Negative Rates Steady
Switzerlandās central bank held its negative interest rates steady despite the expanded stimulus package from the ECB which may eventually put renewed upward pressure on the Swiss franc against the euro.
Norway Cuts Key Rate to Boost Sagging Economy
Norwayās central bank cut its main interest rate as it sought to boost a slowing economy and keep prices rising close to its 2.5% target.
Kurdish Group TAK Claims Responsibility for Turkey Car Bombing
Kurdish militants took responsibility Thursday for a deadly car-bombing in central Ankara earlier this week, saying the strike was retaliation for the Turkish stateās sweeping crackdown against Kurds in the countryās southeast.
Japan February Exports Down for Fifth Straight Month
Japanese exports fell for a fifth straight month in February, their longest losing streak since 2012, in a fresh sign of weakness in the worldās third-largest economy.
Eurozone Trade Surplus Shrank in January
The eurozoneās trade surplus shrank in January, an indication that slower growth in China and other large developing economies is retarding the currency areaās modest recovery
French Detain Four in Terror Probe
French authorities detained four people as part of a terrorism investigation, including a man suspected of having links to Islamic State, officials said.
German Embassy in Turkey Closed After Security Threat
Germany also closes general consulate in Istanbul and German school in Ankara after unidentified threat.
Australian Unemployment Rate Fell in February
Unemployment in Australia fell in February reversing recent weakness in the data and sending a strong signal that the underlying economy remains solid, dampening expectations of a near-term cut in interest rates.
Write to <[email protected]>
(END) Dow Jones Newswires
March 17, 2016 06:33 ET (10:33 GMT)
Copyright Ā© 2016 Dow Jones & Company, Inc.
[B]Did none of the professionals or experts realise that the US economy was moving slower and that the recovery might take longer than previously hoped for? [/B]