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NZD/USD

  • #4,261
  • Apr 8, 2014 8:49pm Apr 8, 2014 8:49pm
I've added to longs.
FF journal: Peaks and Troffs
  • #4,262
  • Apr 8, 2014 8:51pm Apr 8, 2014 8:51pm
I guess buying at .87 is smart
  • #4,263
  • Apr 8, 2014 8:52pm Apr 8, 2014 8:52pm
Quoting Rizmeister
I guess buying at .87 is smart
How? Sure, if buying high and selling low is your thing..
0.87 is likely to be a large profit taking area for those who have been long earlier..
  • #4,264
  • Apr 8, 2014 8:53pm Apr 8, 2014 8:53pm
I was being sarcastic. Its pretty silly level to buy
  • #4,265
  • Apr 8, 2014 8:54pm Apr 8, 2014 8:54pm
Quoting Rizmeister
I was being sarcastic. Its pretty silly level to buy
Oh...you got me! That's a good one
  • #4,266
  • Apr 8, 2014 8:55pm Apr 8, 2014 8:55pm
I was responding to bogus comment lol
  • #4,267
  • Apr 8, 2014 8:56pm Apr 8, 2014 8:56pm
Latest moves are from Aussie.NU is just nodding along
green home loans.
In trading, you have to be defensive and aggressive at the same time
  • #4,268
  • Apr 8, 2014 8:57pm Apr 8, 2014 8:57pm
Yep being carried lol
  • #4,269
  • Edited 10:49pm Apr 8, 2014 8:58pm | Edited 10:49pm
Quoting jaws810
{quote} No I haven't been using that system, I was using that on the euro, didn't even think of using it here, ATM I wish I was using it. Be careful though that system depends on big moves to be profitable.
That's a spike on the NZDUSD probably upto the channel line around 0.8731, and I'll be using your system again for small entry, short of course. Wish me luck.
Any advise?
Elliott Wave for optimum entry, exit and risk management of trades
  • #4,270
  • Apr 8, 2014 9:03pm Apr 8, 2014 9:03pm
Yep being carried lol
  • #4,271
  • Apr 8, 2014 9:04pm Apr 8, 2014 9:04pm
An article dug up from February this year: http://www.nzherald.co.nz/business/n...ectid=11204355
  • #4,272
  • Apr 8, 2014 9:16pm Apr 8, 2014 9:16pm
they just stopped out a bunch of shorts, bunch of crooks.
  • #4,273
  • Apr 8, 2014 9:20pm Apr 8, 2014 9:20pm
There are crooks everywhere..
  • #4,274
  • Apr 8, 2014 9:21pm Apr 8, 2014 9:21pm
Gidday NZ

Well all longs hit at 0.87

Now what

Thought everybody would be taking profit

Not sure now

I got a pending short 0.88
  • #4,275
  • Apr 8, 2014 9:21pm Apr 8, 2014 9:21pm
This is one hell of a run....
  • #4,276
  • Apr 8, 2014 9:22pm Apr 8, 2014 9:22pm
Quoting eliteincome
Gidday NZ Well all longs hit at 0.87 Now what Thought everybody would be taking profit Not sure now I got a pending short 0.88
Agreed, if we don't see a lot of profit taking at 87 then 88 it will be after all. Who knows though, anything can happen. 88 could be a nice area to go short.
NZ is gonna get screwed if it breaks out of 88 and reaches the 90 range..
  • #4,277
  • Apr 8, 2014 9:25pm Apr 8, 2014 9:25pm
I would love for her to fall to hell.
  • #4,278
  • Apr 8, 2014 9:30pm Apr 8, 2014 9:30pm
Quoting Rizmeister
I would love for her to fall to hell.
Just wait..When the real global financial crisis sets in and makes the 08 one look like peas we can all be rich..
Make no mistake, I'll be buying my one way ticket straight into the fiery depths of hell when she does happen
I'm sure I'm not the only one feeling it around the corner..
  • #4,279
  • Apr 8, 2014 9:33pm Apr 8, 2014 9:33pm
Quoting Rizmeister
I was being sarcastic. Its pretty silly level to buy
Time will tell.
FF journal: Peaks and Troffs
  • #4,280
  • Apr 8, 2014 9:36pm Apr 8, 2014 9:36pm
Quoting SaiLyfee
{quote} Agreed, if we don't see a lot of profit taking at 87 then 88 it will be after all. Who knows though, anything can happen. 88 could be a nice area to go short. NZ is gonna get screwed if it breaks out of 88 and reaches the 90 range..
Technically, it's at the tail end of a large pattern and hasn't got much room to move further up, unless that pattern is invalidated.
Elliott Wave for optimum entry, exit and risk management of trades
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