Dislikedcool any NZD is important these days...looking good long term also....the entire planet is trading the NZD as a carry so we see 90% of the time the market price action is just reloading foe the main move....I'm tracking the time of the session the impulse move is made....by the banks And today was the worst ever for the dry goods being moved around the globe.......it tanked big time......so, down the tubes we go.....smile....Ignored
btw worst opening week ever for stocks. looks like we might have a risk off year. i plan on tracking s&p and Nikkei like a hawk this year as I believe it will more likely than not lead to the easiest trades. you remember that s&p chart I posted a couple months back? looking like that might be coming to fruition. if so, that plus china and the markets will be in full on panic mode for a while i imagine
Side note, usdchf long is what im focused on for sunday. im looking for 99 to hopefully catch a ride. easy peasy play here....big boy on the block with fantastic numbers and another rate increase on the menu against negative rates and market hesteria.....yea, where would you park your dollas....if it dont make dollas it dont make sense 1.03/04 too much to ask for? anyways, let see if the market will agree