Disliked{quote} Raising another rate so soon??? Why don't they just raise 50 bps this time if they are gonna raise another 25 bps in just like 6 weeks.Ignored
There are those who know, and there are those who don't know.
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Disliked{quote} Raising another rate so soon??? Why don't they just raise 50 bps this time if they are gonna raise another 25 bps in just like 6 weeks.Ignored
Disliked{quote} Raising another rate so soon??? Why don't they just raise 50 bps this time if they are gonna raise another 25 bps in just like 6 weeks.Ignored
DislikedI really don't understand. If the rate hike was already so expected which it was since the RBNZ made it very clear then why the big reaction?.. I smell bullshit.Ignored
Disliked{quote} What do you mean hurt? I dropped 30 pips.. I made money and then it went 30 pips up roflIgnored
Disliked{quote} Lmao.. People are buying in.. I don't know.. I guess looking for any movement you can find.. I jumped in with my shorts grabbed money and ran like out of a burning building Lol. Any play can be a good play as long as you know when to call or when to fold! And when we start blurring those lines then that's when we get all our money taken away lol!Ignored
Disliked{quote} That is one way of putting it lol.. The markets have such short term memory.. Once New Zealand fundamentals start coming in negative. I think everyone will reassess the situation but right now. Its a safe curruncy (considered) to park your money cause you get positive swaps. With raising rates.. It makes it more appealing to put more money into it. But high price.. Cannot sustain the curruncy.. Which will start altering fundamentals in the future Until that point people see it as make money opportunity.Ignored
Dislikedim out, made some nice pips and refuse to give them back! goodnight everyone!Ignored
Disliked{quote} Too bad, you should hold your longs. It could be a positive surprise the next day.Ignored
Disliked{quote} yeah i know i could make or lose... im i day trader and try to not to hold any positions overnight... i don't sleep very well with open positionsIgnored
Disliked{quote} Nicely put, I agree with you there, living in NZ myself I know how it is, the RBNZ would much rather have a lower exchange rate for our trade, the main reason being NZ trade is all we got, its the entire backbone of our economy..Ignored
Disliked{quote} Fair enough. Green trade is a good trade. Yet i hold average from 0,8290 and have TPs scattered few 10 or 100 pips higher. Good luck!Ignored
Disliked{quote} Well according to their last meeting minutes, they actually want a high NZD as the high exchange rate would keep the import prices cheap and keep the inflation in two so they wouldn't have to raise the rate so much risking dampening the economy too much. Since you live in NZ, I have a question for ya. My broker stops trading in NZD for like 15 min. each day at 1:00 PM claiming that this is some kind of trading regulations/law in New Zealand. Is that true? Is there some kind of rules and laws that stops the market for 15 min. in New Zealand?...Ignored