Disliked{quote} Could be short squeeze on Bears on AU and NU Have to give it time.I've seen spikes like these beforeIgnored
Fix up, trade sharp ...
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Disliked{quote} Could be short squeeze on Bears on AU and NU Have to give it time.I've seen spikes like these beforeIgnored
DislikedI'd exited all trades except long gold before the U.S. session open. I had company so couldn't enter new trades at sensible levels once the Q&A was over and it was clear USD was going down despite the USD Index failing to break lower (or higher -- rather surprised it remained within the recent consolidation range, actually). I'm now waiting for pull backs (never chase the price) that are starting to materialize now and will hopefully continue into the Asian session as I don't care to enter trades this close to the U.S. session close. [update: So...Ignored
Disliked{quote} Hi KADC NU last High was 8777 then it plunged down hard To me its worth my risk tolerance to see if it will challenge that high or plunged down from current level. I am confident NZ fundamentals can't sustain high currency. Last 15years only time NU hit 88 was in 2011 so I am not worried about my shorts but don't like the negative swap. I have been scalping on side for swap moneyIgnored
DislikedGood morning amigos Here's what I see on NU as possible turning point. {image}Ignored
Disliked{quote} Yes everything looks "right to short" Just that fundamentals are against it after Feds lame outlook and NZ expecting another .25raise in July I don't understand the thought process of keep raising interest rates in stagnated world economies. We could see historical highs.Sadly average NZ resident is going to get killed in housing mortgages. I am short and I am not happy with the situation.Ignored
DislikedI try to counterbalance the neg. swap at my NZDUSD Shorts ~0.8727 with several AUDCHF & CADCHF Longs. 0.88 could be the next trail station for executing additively some shorts again. FXcubeIgnored
DislikedDear Davit, Thanks for sharing as usual. I entered same short after watching this. Also I entered LONG USDCAD{image}.......Ignored
DislikedShort G/CHF at 5253 2x closed at 39+22pips DD highest 16% now down to 7%Ignored
Disliked{quote} 16 % DD is still low risk. But everything more than 20 - 25 % makes me uncomfortable.Ignored
Disliked{quote} Got AU 6 orders TP 9350 anticipate next week to hit. I trade small for that reason.I have choice larger lot with tight SL (loser option) or smaller lots without hard SL I went with latter. For me its about % of equity growth.I should finish this month positive Regards broIgnored
DislikedHi I also am short on AUD USD from 0.9425 TP set to 0.9345 Hope they all hit TP next week Have a great weekendBye Davit
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