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Joined Nov 2005
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Status: Trend trader
|297 Posts
I think it may retrace down to 7200 or possibly even 7100.. 38 and 50% fibs.. its also in quite a downtrend on the smaller timeframes, though obviously up on the longer timeframes, so i'd simply wait till 72 or 71 then place a buy.
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Joined Jan 2007
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Status: Jacko Turtle since May 08
|334 Posts
I'm trading with FXDD, same thing, i guess its a probability of kwiw carry hitting bottom and when uj doesn't move up, kiwi major would be pushing up. (Short term)
We might get a push up to 7510 before it goes back down on the 15min chart. When 21 crosses 154 mas.
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Joined Apr 2007
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Status: Practicing detachment
|32 Posts
This also happened on Oanda. I just happened to be on the right side of it. I didn't get around to adjusting my take profit yet and in 20 minutes it spiked up and gave me 100 pips.
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Joined Apr 2007
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Status: Ich habe genug
|551 Posts
I've got it on several. It looks like a fat finger error - someone put in .757x instead of .747x. Except for the fact that (at least on Oanda's 10 sec chart) it actually shows up as a dual spike, not a single pop, and it shows up in the JPY crosses as well. It'll be interesting to see which companies (if any) take it back tomorrow.
