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NZD/USD

  • #3,181
  • Feb 27, 2014 6:37pm Feb 27, 2014 6:37pm
Quoting Slim Buffett
{quote} I'm short G/A for a minute so I suppose I'm just trying to cover (myself) in some way. Happy trading

May the pips be ever in your favor!
  • #3,182
  • Feb 27, 2014 6:39pm Feb 27, 2014 6:39pm
Quoting Rizmeister
{quote} May the pips be ever in your favor!
And let the Trading begins! hahaha
  • #3,183
  • Feb 27, 2014 6:58pm Feb 27, 2014 6:58pm
Quoting NoviceKT
{quote} And let the Trading begins! hahaha

  • #3,184
  • Feb 27, 2014 7:02pm Feb 27, 2014 7:02pm
RBNZ GOV wants devalue kiwi. Im short toooooooooo
  • #3,185
  • Feb 27, 2014 7:05pm Feb 27, 2014 7:05pm
Quoting khol_hands
RBNZ GOV wants devalue kiwi. Im short toooooooooo
where did you get that information?
There are those who know, and there are those who don't know.
  • #3,186
  • Feb 27, 2014 7:41pm Feb 27, 2014 7:41pm
was there any mention of RBNZ gov wanted to devalue kiwi? I tot the recent business confidence only prompt them to think about hiking interest rate to curb inflation if necessary.
  • #3,187
  • Feb 27, 2014 7:42pm Feb 27, 2014 7:42pm
Quoting NoviceKT
was there any mention of RBNZ gov wanted to devalue kiwi? I tot the recent business confidence only prompt them to think about hiking interest rate to curb inflation if necessary.

Hes speaking in general.
  • #3,188
  • Feb 27, 2014 7:45pm Feb 27, 2014 7:45pm
ah i see.....haha I scrap alittle off NZD short and close the position....need more indicative hints before i enter again....
  • #3,189
  • Feb 27, 2014 7:46pm Feb 27, 2014 7:46pm
Quoting NoviceKT
was there any mention of RBNZ gov wanted to devalue kiwi? I tot the recent business confidence only prompt them to think about hiking interest rate to curb inflation if necessary.
Is there really an inflation in New Zealand right now?
Make your losses in demo. Earn your profits live.
  • #3,190
  • Feb 27, 2014 7:48pm Feb 27, 2014 7:48pm
Quoting palabara
{quote} where did you get that information?
last year from FF. I never doubt it. 83xx 0r 84xx nice to short even NU has good swap but I dont take it.
  • #3,191
  • Feb 27, 2014 7:54pm Feb 27, 2014 7:54pm
Quoting Forexia
{quote} Is there really an inflation in New Zealand right now?
There isn't much but RBNZ is foreseeing that in the years to come it would and then they have the luxury to use the interest hike to curb it. As for near term, I don think much will be done..which is why I was puzzled by khol_hands. but as it is in general, it might be true, too high a kiwi might be detrimental *shrugs*
  • #3,192
  • Feb 27, 2014 8:10pm Feb 27, 2014 8:10pm
New weekly high.

Tomorrow is end of the month, and although we have a LL for the month, we don't YET have a HH. That's on the plate for tomorrow, with lots of US news to help or hinder it.

Bulls have favor. Tomorrow will most likely be my exit, how ugly it will be is yet to be seen.
  • #3,193
  • Feb 27, 2014 8:24pm Feb 27, 2014 8:24pm
Quoting Pharm0r
New weekly high. Tomorrow is end of the month, and although we have a LL for the month, we don't YET have a HH. That's on the plate for tomorrow, with lots of US news to help or hinder it. Bulls have favor. Tomorrow will most likely be my exit, how ugly it will be is yet to be seen.

Maybe...you'd have to have bad data out of USA...end of week, potential for profit taking....we shall see.
  • #3,194
  • Feb 27, 2014 8:55pm Feb 27, 2014 8:55pm
to all short traders,
there might be a probable tread ,and might be the only one for you at the moment,just as the chart below.
you should take your profit out.
the bastard will not shop its up steps but with all your money
Attached Image (click to enlarge)
Click to Enlarge Name: 1.JPG Size: 38 KB
no other killers to me but emotion
  • #3,195
  • Feb 27, 2014 10:05pm Feb 27, 2014 10:05pm
Quoting Rizmeister
{quote} I am thinking down down down. Whos with me?
Yes baby, cashed in there 6 pips on that one, not bad but lost 5 on the previous bad, so i closed that day with a 2% gain on all my trades, not bad.

It will probably go down again, because the kiwi was way too overbough yesterday night after the ANZ report, but i`m not that sure on this one so i`ll stay out of this one.But if anyone wanna try this one out, then i wish them good luck!

Attached Image (click to enlarge)
Click to Enlarge Name: nzdusdm5.png Size: 21 KB
"There's a sucker born every minute" - P.T. Barnum
  • #3,196
  • Feb 27, 2014 10:16pm Feb 27, 2014 10:16pm
  •  Noeliu
  • | Joined Apr 2013 | Status: Hit SL?? Clicked the wrong button | 51 Posts
Davit shorted at .84 as always, a gifted nzdusd trader. Whats your view, master?
  • #3,197
  • Feb 27, 2014 10:19pm Feb 27, 2014 10:19pm
Quoting Noeliu
Davit shorted at .84 as always, a gifted nzdusd trader. Whats your view, master?
My trade was from .83748 to .83666, i tried to find a better spot because of the aftermath of the news.
"There's a sucker born every minute" - P.T. Barnum
  • #3,198
  • Feb 27, 2014 11:44pm Feb 27, 2014 11:44pm
nice chart!
8413 resistance was been proved.
i'd like to short @8406,and aim to 8346
no other killers to me but emotion
  • #3,199
  • Feb 27, 2014 11:46pm Feb 27, 2014 11:46pm
dare i say it, headed to mid to high 90s? the current run could last for days and take it to the late 80s.

we all know wall st banks have no money in selling home loans, so will exaggerate any moves and speculate at will.
  • #3,200
  • Feb 28, 2014 12:22am Feb 28, 2014 12:22am
If price closed above 0.8391 then target will be 0.8580
Attached Image (click to enlarge)
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