this is why i think short.
- #4,006
- Apr 1, 2014 8:15pm Apr 1, 2014 8:15pm
- Joined Jan 2005 | Status: ~ Noblesse Oblige ~ | 1,663 Posts
There are those who know, and there are those who don't know.
- #4,010
- Apr 1, 2014 8:42pm Apr 1, 2014 8:42pm
- Joined Jan 2005 | Status: ~ Noblesse Oblige ~ | 1,663 Posts
There are those who know, and there are those who don't know.
- #4,012
- Apr 1, 2014 11:42pm Apr 1, 2014 11:42pm
- | Joined Oct 2012 | Status: Eating potato chips | 629 Posts
Ouch, I got stopped out on that drop.Oh well, it's just a few pips live and learn. I'll get them back before the end of the month.
- #4,013
- Edited 12:25am Apr 2, 2014 12:13am | Edited 12:25am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #4,014
- Apr 2, 2014 12:40am Apr 2, 2014 12:40am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Holding short from .8670, .8531, .8500 Target .8450/70 Maybe next week, http://www.interest.co.nz/bonds/6927...allowance-will "The Reserve Bank has already begun to raise interest rates from the historically low levels they've been at, towards more neutral levels that aren't going to over-stimulate the economy. But keeping government spending under control means that, over the course of the cycle, interest rates will be lower than they otherwise would have...
My 1st target is 8535 support.Close all positions which will be staggering for me.Once reaction is utilized I will sell the rallies.
That's my game plan on NU
regards
In trading, you have to be defensive and aggressive at the same time
- #4,015
- Apr 2, 2014 1:19am Apr 2, 2014 1:19am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
Ouch, I got stopped out on that drop.
Anyway, thanks for the trading idea
and all the best in developing your system.
Elliott Wave for optimum entry, exit and risk management of trades
- #4,020
- Apr 2, 2014 3:45am Apr 2, 2014 3:45am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,100 Posts