All kind day and good luck.
Yes all is true. A Klasichesky figure - "the wedge upwards" (bear). flowing Friday and the summit, is assured, there will be an acknowledgement.
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Joined Oct 2009
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Status: Quantisan.com
|76 Posts
Amazing run in NZD/USD today! However, it is testing the recent high of 0.7306 again. It did break higher and managed to hold it at the close. Let's see how it goes in the Pacific trading hours tomorrow.
I am eyeing for a short entry for a swing trade...
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Joined Oct 2009
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Status: Quantisan.com
|76 Posts
the uptrend is indeed strong, but the pair is already deep in overbought territory in both weekly and daily. so I'll pass on going long for now. yes, feel free to call me chicken.
Joined Dec 2005
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Status: It's only money
|1,412 Posts
well on course. 2% MM trade (6.70 standard lots) now 225 pips up with SL at BE. Primary TP is 8100 but am considering chandelier exit as antipodean bull run getting stretched a bit.
i feel certian too that it ll go up treding again , but its risky to try longing now ,,, maybe with couple of small mini lots , but it still have high momentum but it ll probably settle here for couple of hours first before launching higher as it couldnt make more than 160pip positive close ,, i dont see 200pip happening
Anyone any views on the upcoming rate release? Any surprises like Aus a couple of weeks ago?
Ignored
I for one hope that they wil raise it.
Today I had meetings all day and when I came home my eyes almost popped out: N/U and N/J were 300+ pips under watter. Ouch.
Gl. My own view is it will be left unchanged, the key might be in the statement. I'll be hedging anyway, burned me last release with a god awful spike both ways so looking for a little revenge tonight. 20SL either side, looking for +50 or more.
