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DailyChart May 6, 2019 3:22am | Post# 13441

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SckT May 6, 2019 4:02am | Post# 13442

Come on...Must go up now.

DailyChart May 7, 2019 3:19am | Post# 13443

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MrPresident May 7, 2019 2:50pm | Post# 13444

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RBNZ decision later, could be dovish
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DaveX May 7, 2019 8:25pm | Post# 13445

RBNZ decision later, could be dovish {image}
Why do you think it might be dovish? despite that it was dovish in march of course.

MrPresident May 7, 2019 10:01pm | Post# 13446

{quote} Why do you think it might be dovish? despite that it was dovish in march of course.
Rate cut

DailyChart May 8, 2019 3:19am | Post# 13447

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Fxtrader92 May 8, 2019 6:13am | Post# 13448

NZD Cut happened as expected and I would still continue to hold on to shorts vs the dollar.

There issue is not as big as aud but there data has been terrible and a mixed. I think it will retest the low from last night before friday.

I think we should be happy it didnt fly up when it was announced as the move was pretty much priced in.

MrPresident May 8, 2019 8:01am | Post# 13449

NZD Cut happened as expected and I would still continue to hold on to shorts vs the dollar. There issue is not as big as aud but there data has been terrible and a mixed. I think it will retest the low from last night before friday. I think we should be happy it didnt fly up when it was announced as the move was pretty much priced in.
NZD will be sold if there is still risk-off on the market due to trade war

riclater211 May 8, 2019 5:30pm | Post# 13450

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{quote} Hey All, Ok so end of week ends with price spiking up to my trend line but not making it through. According to my trade Triangle, price is seriously getting crushed. Price has a 50ish pip open to close level and getting smaller. I really do not have a reason to adjust my trade boxes so it is a wait and see next week. Have A Great Weekend. - Ric {image}
Hey All,

Price spiked into my Short side trade zone but did not stay there. I moved the trend line to the new low. Still a downward bias. Waiting for price to get there.

- Ric
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riclater211 May 9, 2019 5:25pm | Post# 13451

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{quote} Hey All, Price spiked into my Short side trade zone but did not stay there. I moved the trend line to the new low. Still a downward bias. Waiting for price to get there. - Ric {image}
Hey All,

It has been a scalpers market as of late. Still waiting for something to give.

- Ric
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FX5Star May 9, 2019 10:17pm | Post# 13452

Any one know why rate cut but NU still going up?

Lebronjon May 9, 2019 10:35pm | Post# 13453

It is because of the trade tensions between US and China. All commodities pairs are moving up because a trade deal will most likely pass today.

DailyChart May 10, 2019 3:36am | Post# 13454

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Fxtrader92 May 10, 2019 5:36am | Post# 13455

{quote} NZD will be sold if there is still risk-off on the market due to trade war
I agree but I'm not sure how much downfall there will be depending on what else their data is like.

They need to allow more private investment into NZ.

WaylDz May 10, 2019 10:03am | Post# 13456

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I think personally, that we will see a big move up for Wave 3 or Wave C
target between 0.7063 - 0.7307
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DailyChart May 13, 2019 9:32am | Post# 13457

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riclater211 May 13, 2019 6:54pm | Post# 13458

{quote} Hey All, It has been a scalpers market as of late. Still waiting for something to give. - Ric {image}
zzzzz

riclater211 May 15, 2019 5:33pm | Post# 13459

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{quote} Hey All, It has been a scalpers market as of late. Still waiting for something to give. - Ric {image}
Hey All,

OK, price is still creeping downward. It is getting really crushed. Downside potential is looking good. Just waiting for that break.

- Ric
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DailyChart May 17, 2019 3:16am | Post# 13460

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