I'm out for now... looks like the hunt has stalled out short of funds...
oh well...made a couple pips. next trade...
oh well...made a couple pips. next trade...
EurAnalysis Kindergarten 24 replies
Disliked1.2625 re-entered short on this pair.... tight stop at 1.2662 TP @ 1.2518Ignored
DislikedRandom question folks... anyone here trade the NZD/CAD?
I've built up a bit of a short position over the last day or so... is anyone else keying into what i'm seeing?
XIgnored
DislikedOkay. That's enough both of you. Agree to disagree, kiss and make up.
Let's get back to trading and leave our egos at the door.
http://image.shutterstock.com/displa...g-36730150.jpgIgnored
Dislikedpossible bounce here...how high... that's the question...
between 2610 and 2600...lets see if it does anythingIgnored
DislikedNo guess. How much they are buying is not something you can quantify and on top of that there is no direct correlation between how much they buy and how much price goes up. That all depends on supply/demand and also how much others are selling. Their goal for buying is not to drive price up but rather to re-balance their foreign currency reserves. I wrote a piece about it last week which I shall post below...
[indent]Here's the logic behind it...
[i][b][color=darkslateblue]Over the last few months...Ignored