{quote} It is certain that Chinese economic growth will not be as fast as years ago. And this was the reason for hedge fund to take a negative view on AU. But for NU,just as some guy said,has being a perfect retirement village for the rich Chinese. That's the difference. Maybe it wasn't the right reason to explain to the phenomenon, but enough for hedge fund to buy NU.
{quote} Yeah I was looking pretty fondly at New Zealand for my own retirement until one day somebody told me that you get like 5 earthquakes a day over there. People over there are so used to earthquakes, a 5.5 on a seismic scale of earthquake is like a heavy truck rolling by for them. So I dunno about those rich Chinese retirees.
{quote} Here's why. Top of the B. Band At strong resistance (5+) tries Bearish pin bars on almost every D candle that tried the resistance ATR is bottomed out. ATR = volatility, low ATR means low volatility (aka accumulation). Low volatility is followed by high volatility (aka big move) The patterns palabara showed. Regardless, the move will be big- and my money is on short.
{quote} hahaaaa,interesting. I haven't gone aboard, maybe one day comes an opportunity.
Placed another NU limit short at 8405 after closing previous in profit. {image}
Placed another NU limit short at 8405 after closing previous in profit. {image}
{quote} I can see why. I changed mine down to 8, and it seems to correlate better with the kiwi daily Thanks.
{quote} yes. only short and shorrrttttt
