Short @ 2.0370, lets see..
lots of movement..
lots of movement..
GBPNZD 17 replies
GBPNZD hedge help 3 replies
Why does NZD carry more weight in GBPNZD? 3 replies
GBPNZD - How do you trade it? 2 replies
Disliked{quote} hope 0.800 support for nzd/usd would hold for a while. otherwise nzd in plummet mode.Ignored
Disliked{quote} Yes I see that, I may just let myself get stopped here, instead.. and enter first position higher. This could technically get hundreds of pips higher. (Don't want big drawdown out of control). We'll see, I'll let the market take me out. (if it will)..Ignored
DislikedOn 4H chart, there are 3 tops @2.0590 as Resistance-1. At the moment, the 4th candle is hovering there. Let's see if this can hold or break...ain't we all hoping to short this beast and bring to 2.000?Ignored
Disliked{quote} I see that 4H, awaiting to jump on shorts, but this looks like it can move alot higher from here. The roof is open to shoot another 500 pips north easily.. IMO.. just the strong trend since 5th sept.. If I short before it breaks either way at 2.0586 (current price), i'll run a tight SL just above. Many times i martingale and scale in, but i use stop losses, and don't risk 50% account..so no need for big wide stops up here right now anyway.. friday tomorrow.. hmm..Ignored
DislikedI have a small short position at 2.04473 which I intend to use as a bookmark of sorts for a carry trade (great positive swap on the short side). However, I don't think that the Kiwi decline is necessarily over. It's awfully hard to tell where the top of this when you have to zoom out to the weekly to tell, but there is a Double Top at 2.1000 even that is an area of interest: {image}Ignored
Disliked{quote} True, all indicators are still green... It's already Friday here I wonder where are the big sellers?Ignored