Attached Image
- Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies
How to find out why the euro is strong or why the dollar is weak? 8 replies
Gbp/nzd,gbp/usd,nzd/usd analysis 3 replies
trading gbp/nzd with nzd/usd overlay 6 replies
NZD/JPY AUD/NZD basket 3 replies
DislikedGet in there Dutch Trader!!!
It's getting very choppy up the top there have you taken your profits or can you see more upside?
I won't short it until the .7444 mark is breached.
I can see it going up a fair bit still with those interest rates and housing booming for now.
The AUD had excellent Employment results these two have still got a bit left in them for a while.
I had the signals to go north back at .7327 but I could'nt go against the trend at the time.
Everyone's been selling the GPB today so made up so far on the GPB/JPY.
Canadian dollar looks like it starting to bottom out now. Who knows just a liittle bit more just to make sure.
PiP Pip Hooray.Ignored
DislikedMelpheos there only happy if they shorted at the peak.
Many traders have shorted the NZD i.e N/U from a .73 area.
The hedgers must have such an influence for the RBNZ to step in to lower the value.
If and buts and this stage of the equation.
Logically if you were a investing, surely you would not throw more money at an economy that has a very high interest that is virtually melting?
If you were in charge would'nt you intervene to protect the interest of the country?
But humans being humans, once bitten twice shy. Possibly could go up to the RBNZ.
Got stopped out ordered another trade at .7475 to sell.
Bloody charts!!!!!!!
Scrat you must be holding on by your finger nails.
Common sense, just isn't common!!!Ignored
QuoteDislikedPeople are flocking to forex, and the carry trade is the closest thing to a money tree.... until a big storm knocks the tree down.... what will it take?
QuoteDisliked02:59 NZD/USD: Tight Ranges To Close The Week In Asia Sydney June 22. The Kiwi has traded in a 0.7628/40 range this morning in Asia, with light demand from model funds absorbed by profit taking into the weekend in a quiet session. Stops above 0.7645 were taken out overnight, as the pairing stalled around 0.7655, which is now initial resistance, while support starts at an hourly range low at 0.7610, with 0.7575/80 a more significant level, the prior two day"s low.
There is a great deal of talk in the market of a large uridashi related bid in the swaps market for NZD1bln+ and there is also a raft of Japanese investment trusts scheduled into month end, some of which will be in NZD, so the question is, have the issues been pre-bought this week, or will there be another round of NZD buying into month end? Our information suggests that model funds have been the major buyers this week, so though the Japanese have been net buyers, there should be significantly more to be done next week. The Kiwi trades 0.7635/38. [email protected]