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NZD/USD

  • #3,061
  • Feb 25, 2014 6:23pm Feb 25, 2014 6:23pm
Quoting freemen
History http://www.youtube.com/watch?v=iFnesMLasNQ
One thing they don't say how many accounts they have blown lol!

Being a broker then.. Shouting numbers and intuition.. and wanting to win 100% of the time = not a very bright future lol.

Where is part 2 Life after being a Forex Broker! -- "I live in this Cardboard box now.. It keeps the rain out, I used to have a BMW a wife and house.. Now I have this box."

There are those who know, and there are those who don't know.
  • #3,062
  • Feb 25, 2014 6:24pm Feb 25, 2014 6:24pm
Quoting Forexia
{quote} Yes great for benchmark rate-rigging and front-frunning.
Hey Forexia.. My shorts are still in play Muhahahahah lol!

I can't believe the area got tested like a gazillion times!
There are those who know, and there are those who don't know.
  • #3,063
  • Feb 25, 2014 6:37pm Feb 25, 2014 6:37pm
Finally a decent drop but the bears are not giving this one up. They let AUD/USD drop
  • #3,064
  • Feb 25, 2014 6:45pm Feb 25, 2014 6:45pm
Quoting Sherpa
Finally a decent drop but the bears are not giving this one up. They let AUD/USD drop
Tomorrow is the Trade Balance and its going to be bad.. So Market needs to discount it.. So a drop will have to happen Before then otherwise it will happen during the report.. So either way Down Before Report or down during report. Either way DOWN!
There are those who know, and there are those who don't know.
  • #3,065
  • Feb 25, 2014 6:50pm Feb 25, 2014 6:50pm
Do you live in NZD? I assume that is why you feel it will be a negative report?
  • #3,066
  • Feb 25, 2014 7:12pm Feb 25, 2014 7:12pm
Quoting palabara
{quote} Hey Forexia.. My shorts are still in play Muhahahahah lol! I can't believe the area got tested like a gazillion times!
Mine in play as well.
Shit Happens
  • #3,067
  • Feb 25, 2014 7:22pm Feb 25, 2014 7:22pm
Looks like 0.8330 is the resistance level now
  • #3,068
  • Feb 25, 2014 7:29pm Feb 25, 2014 7:29pm
Quoting palabara
{quote} Hey Forexia.. My shorts are still in play Muhahahahah lol! I can't believe the area got tested like a gazillion times!
OMG!!! That is one tough old Short! LOL Am cheering for ya on your journey to the Great Pipsland! And somebody else must be cheering for you too cuz every single time when it reaches the the 40-level, it's like there is an invisible hand there that just presses the price right down.
Make your losses in demo. Earn your profits live.
  • #3,069
  • Feb 25, 2014 7:41pm Feb 25, 2014 7:41pm
Quoting Forexia
{quote} OMG!!! That is one tough old Short! LOL Am cheering for ya on your journey to the Great Pipsland! And somebody else must be cheering for you too cuz every single time when it reaches the the 40-level, it's like there is an invisible hand there that just presses the price right down.
Lol maybe that invisible hand has more to lose then me, and were just on the same side of the fence.
There are those who know, and there are those who don't know.
  • #3,070
  • Feb 25, 2014 10:17pm Feb 25, 2014 10:17pm
I took off my SL For NZ/U For tomorrows trade balance to evaluate further this position.

It was fun as the SL has been almost reached and hit 1000 times, but the lack of direction.. and the draw to the Resistance point. Makes me want to not play a game of chicken and evaluate the events.

I will manually exit the position.

Here is my view.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd.dmah4.png Size: 66 KB
There are those who know, and there are those who don't know.
  • #3,071
  • Feb 25, 2014 10:28pm Feb 25, 2014 10:28pm
Gidday NZ

Funny living here

only short this above 0.84 an wait

This might be different if they play around with the interest rates

Then we may see some action.

Been taking small longs AUS/US an AUD/NZ GBP/NZ

Just we earners while i read through the forums
  • #3,072
  • Feb 25, 2014 10:37pm Feb 25, 2014 10:37pm
Quoting eliteincome
Gidday NZ Funny living here only short this above 0.84 an wait This might be different if they play around with the interest rates Then we may see some action. Been taking small longs AUS/US an AUD/NZ GBP/NZ Just we earners while i read through the forums
Trade balance is tomorrow its going to be weak. NZ hasn't discounted anything yet.. It just attracted to that level. It's all to fishy..
There are those who know, and there are those who don't know.
  • #3,073
  • Feb 26, 2014 2:12am Feb 26, 2014 2:12am
morning all,Wednesday again!
in my trade systems,borings should be ended,and coming a bloody day.


i still hold my short position,and aim to 8280 or even low.
fact is everything.
good luck!
no other killers to me but emotion
  • #3,074
  • Feb 26, 2014 2:46am Feb 26, 2014 2:46am
Quoting palabara
{quote} Tomorrow is the Trade Balance and its going to be bad.. So Market needs to discount it.. So a drop will have to happen Before then otherwise it will happen during the report.. So either way Down Before Report or down during report. Either way DOWN!
Would down before the report and up on the bad report not make more "sense"?
Fix up, trade sharp ...
  • #3,075
  • Feb 26, 2014 3:22am Feb 26, 2014 3:22am
Quoting Mr Mao
morning all,Wednesday again! in my trade systems,borings should be ended,and coming a bloody day. i still hold my short position,and aim to 8280 or even low. fact is everything. good luck!
we are in the some boat 8337 kiwi was overvalue
  • #3,076
  • Feb 26, 2014 3:32am Feb 26, 2014 3:32am
Quoting palabara
{quote} One thing they don't say how many accounts they have blown lol! Being a broker then.. Shouting numbers and intuition.. and wanting to win 100% of the time = not a very bright future lol. Where is part 2 Life after being a Forex Broker! -- "I live in this Cardboard box now.. It keeps the rain out, I used to have a BMW a wife and house.. Now I have this box."
I just wonder do this trader John Key is same John Key politician now?
I can imagine what huge under pressure they was trade.
Once scalper always scalper
  • #3,077
  • Feb 26, 2014 9:25am Feb 26, 2014 9:25am
Quoting Hickson
{quote} Would down before the report and up on the bad report not make more "sense"?
I don't think the report would be bad.. it would come in negative for Kiwi Either way. Its just how negative is the question.
There are those who know, and there are those who don't know.
  • #3,078
  • Feb 26, 2014 9:28am Feb 26, 2014 9:28am
Quoting freemen
{quote} I just wonder do this trader John Key is same John Key politician now? I can imagine what huge under pressure they was trade.
Oh yeah the pressure is huge.. Not good for life expectancy.
There are those who know, and there are those who don't know.
  • #3,079
  • Feb 26, 2014 12:42pm Feb 26, 2014 12:42pm
Updated outlook.. price has touched the trend-line indicated earlier.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd.dmah4.png Size: 66 KB
There are those who know, and there are those who don't know.
  • #3,080
  • Feb 26, 2014 1:47pm Feb 26, 2014 1:47pm
Been attached to the kiwi for about a week now short-side.

This just caused it to go 30 pips up, setting up a very VERY good looking short opportunity should trade balance be negative. All those longs will QUICKLY go short, plus the stops that come with them.

http://www.forexfactory.com/news.php?do=news&id=472873
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