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NZD/USD

  • #3,421
  • Mar 6, 2014 7:24am Mar 6, 2014 7:24am
Quoting sakisf
{quote} It is waiting for AU to hit .9080 (NU will be .85). Once they hit there, either they will skyrocket or they would fall like stones.
  • #3,422
  • Mar 6, 2014 8:09am Mar 6, 2014 8:09am
sell nzdusd even if it go higher from its price now stay sell sl .8530
  • #3,423
  • Mar 6, 2014 8:11am Mar 6, 2014 8:11am
Shorted some kiwi lets see if we can get back to 8420 where it rightfully belongs! lol
I have no ego at all
All posts are my personal opinion
  • #3,424
  • Mar 6, 2014 9:31am Mar 6, 2014 9:31am


Got to love Forex. We keep getting beatings, and were coming for some more lol.

Rough way to start the month, I'm looking to end it on a positive note though!
There are those who know, and there are those who don't know.
  • #3,425
  • Mar 6, 2014 9:54am Mar 6, 2014 9:54am
OMG!! This currency has no resistence level now!! LOL It's broken through all of them and now I don't know where it'll stop. And in the meanwhile, it's got so many support levels likes continuous stairs. Good luck to all the brave shorts out there!!
Make your losses in demo. Earn your profits live.
  • #3,426
  • Mar 6, 2014 9:57am Mar 6, 2014 9:57am
Quoting ARouND
{quote} I think it's obvious this is the last ride, next week should be the turning point and today should be the highest(within small range of less than 100 pips). All we need to do is to keep leverage reasonably low so that we can survive the final tide and adding more sell orders when it becomes stable and inevitably fall.
  • #3,427
  • Mar 6, 2014 10:00am Mar 6, 2014 10:00am
Quoting Forexia
OMG!! This currency has no resistence level now!! LOL It's broken through all of them and now I don't know where it'll stop. And in the meanwhile, it's got so many support levels likes continuous stairs. Good luck to all the brave shorts out there!!
Lol! You should be a motivational speaker! You make everyone feel SO DAMN GOOD! I LOVE IT. I'm PUMPED!!
There are those who know, and there are those who don't know.
  • #3,428
  • Mar 6, 2014 10:00am Mar 6, 2014 10:00am
Quoting squawk
{quote}
What do you think Squawk fill me with false hope! lol
There are those who know, and there are those who don't know.
  • #3,429
  • Mar 6, 2014 10:06am Mar 6, 2014 10:06am
Quoting Forexia
OMG!! This currency has no resistence level now!! LOL It's broken through all of them and now I don't know where it'll stop. And in the meanwhile, it's got so many support levels likes continuous stairs. Good luck to all the brave shorts out there!!
I know what you mean but the weekly shows a strong selling area around these levels.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_NZD_USD_Weekly_snapshot.png Size: 31 KB
  • #3,430
  • Mar 6, 2014 10:13am Mar 6, 2014 10:13am
8500 strong resistance area look for a pull back sometime today and Friday, , then a gap back up to resistance on sunday then for the sell off all next week.
  • #3,431
  • Mar 6, 2014 10:26am Mar 6, 2014 10:26am
Quoting palabara
{quote} What do you think Squawk fill me with false hope! lol
Hi palabara,

I think anythings seems possible on this pair at the moment. Theres been good rejection area 850 to 855 over the last 18 months and seems to be a lot of flows there. I'm looking for a sharp reaction from the bears soon.

Good luck with your positions.
  • #3,432
  • Mar 6, 2014 10:39am Mar 6, 2014 10:39am
Quoting squawk
{quote} Hi palabara, I think anythings seems possible on this pair at the moment. Theres been good rejection area 850 to 855 over the last 18 months and seems to be a lot of flows there. I'm looking for a sharp reaction from the bears soon. Good luck with your positions.
Today with the Euro and NZD even beat that to the punch everyone has a bearish view but it tends to disappoint aggressively. The scary thing is markets don't crash up.. So in the back of the mind always worried about the downside more then the upside lol.
There are those who know, and there are those who don't know.
  • #3,433
  • Mar 6, 2014 10:45am Mar 6, 2014 10:45am
Quoting squawk
{quote} I know what you mean but the weekly shows a strong selling area around these levels. {image}
Ah yes I forgot to look at longer tf's. Yes, looking at those tf's, the next resistence is at 0.864xx and that's the ultimate resistence, the LAST barrier!!! I don't see any resistence after that. All right you shorts, hang in there, just another 200 pips to go. You have already come so far, what's another 200 pips? The sell-off is almost there, it's almost there, the light at the end of the tunnel...
Make your losses in demo. Earn your profits live.
  • #3,434
  • Mar 6, 2014 11:00am Mar 6, 2014 11:00am
Quoting Forexia
{quote} Ah yes I forgot to look at longer tf's. Yes, looking at those tf's, the next resistence is at 0.864xx and that's the ultimate resistence, the LAST barrier!!! I don't see any resistence after that. All right you shorts, hang in there, just another 200 pips to go. You have already come so far, what's another 200 pips? The sell-off is almost there, it's almost there, the light at the end of the tunnel...
I might have taken a beating lol.. I'm going to SURF THE HELL Out of this DOWN RALLY!

Needless to say at least my Aussie is bringing me back the money!
There are those who know, and there are those who don't know.
  • #3,435
  • Mar 6, 2014 11:11am Mar 6, 2014 11:11am
Quoting palabara
{quote} I might have taken a beating lol.. I'm going to SURF THE HELL Out of this DOWN RALLY! Needless to say at least my Aussie is bringing me back the money!
Its almost at .8500. When will this bad girl fall!!
  • #3,436
  • Mar 6, 2014 11:12am Mar 6, 2014 11:12am
Quoting Rizmeister
{quote} Its almost at .8500. When will this bad girl fall!!
I wonder if the dollar is crashing and our economy is ending up in the toilet because it sure feels like it today!
There are those who know, and there are those who don't know.
  • #3,437
  • Mar 6, 2014 11:14am Mar 6, 2014 11:14am
Quoting Rizmeister
{quote} Its almost at .8500. When will this bad girl fall!!
After taking all of my stops like nothing lol
Fix up, trade sharp ...
  • #3,438
  • Mar 6, 2014 11:19am Mar 6, 2014 11:19am
Quoting Rizmeister
{quote} Its almost at .8500. When will this bad girl fall!!
When the RBNZ decides not to raise the OCR rate next week. That would be my guess. So hang in there...
Make your losses in demo. Earn your profits live.
  • #3,439
  • Mar 6, 2014 11:26am Mar 6, 2014 11:26am
Hello. What is fueling this rally on NZD and AUD? the antipodeans pairs are very strong.
The fundamentals are very strong for these pairs, but this rally is really impressive did I miss anything? It looks like something materialized.
Also dollar is getting beaten up against all asian currencies..
  • #3,440
  • Mar 6, 2014 11:30am Mar 6, 2014 11:30am
Euro still has steam...Its pushing like there is no tomorrow. I think someone is trying to squeeze all the shorts from the big banks!! JPM has SL at 1.39! So I'm sure all this A holes are targets.. and its being pushed no doubt about it.. This rally will run out of steam, will have battle wounds.. but Average down the rally!

We got to the top broke, we came back down rich AHOY! lol
There are those who know, and there are those who don't know.
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