Do what 95% of traders are not doing now,
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Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
Gbp/nzd,gbp/usd,nzd/usd analysis 3 replies
trading gbp/nzd with nzd/usd overlay 6 replies
NZD/JPY AUD/NZD basket 3 replies
Disliked{quote} 2 taps and a break is not enough, more likely 3 taps and a big move up? {image}Ignored
Disliked{quote} Ugh. Sometimes it's good to never look back. Bailed on shorts at .87924 ... . Maybe "it can't go any higher" is a valid indicator (for those who poo-pooed the shorts) ... . As you can see, I stupidly tried to pick a top at what is now the .50 Fib and at the .618 when the short-term top was ultimately above that. The smarter thing to have done is be patient, wait for it to top and then to re-test the top, before considering a short (which I ultimately did, at least for one of the positions). Live and learn, I guess. Will consider reloading...Ignored
DislikedI'd be carefull with this number. It's inline with what the RBNZ was expecting, which means there probably will be a increase in interest rates this month.Ignored
Dislikedkissed support .. little bounce and added short ............ and...........taraaaaaaaaaaaaaaaaa.............. {quote} {image}Ignored
Disliked{quote} Market reaction to a hike next week can still be a sell on the news if RBNZ signals a pause on further hikes. It's all about what is priced in and what is not priced in.Ignored
DislikedOMG!! Such a huge drop just over a 0.1% difference from the forecast which is a made-up number, not even a real one. If that forecast number had been 0.3% instead of 0.4%, there would've been probably very little market reaction because it would've been perceived as right on target. I bet it's those HFT bots was responsible for that massive sell-off because their algorithm was written "if the actual number is < forecast, sell". People are crazy. Oh well as long as I didn't lose any pips. Congrats to any who made some green pips from that crazy sell-off....Ignored
DislikedOMG!! Such a huge drop just over a 0.1% difference from the forecast which is a made-up number, not even a real one. If that forecast number had been 0.3% instead of 0.4%, there would've been probably very little market reaction because it would've been perceived as right on target. I bet it's those HFT bots was responsible for that massive sell-off because their algorithm was written "if the actual number is < forecast, sell". People are crazy. Oh well as long as I didn't lose any pips. Congrats to any who made some green pips from that crazy sell-off....Ignored
Disliked{quote} I think basic reason is fundamentals are weak supporting higher ups.30% drop in dairy and logging prices. Fitch report was 6 months late and their stellar optimism was based on milk prices over 8 but now its at 6 Longs are taking profit and exiting.I am holding my shorts to 86Ignored