nzd is on the verge of breaking down again. new lows today or monday
- #9,561
- Jul 17, 2015 1:26am Jul 17, 2015 1:26am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts
- #9,562
- Jul 17, 2015 1:27am Jul 17, 2015 1:27am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts
- #9,563
- Edited 3:38am Jul 17, 2015 3:30am | Edited 3:38am
I'm not sure if this helps any, but.... Inserted Video
Meanwhile....we must all be muppets, 'cos old Jamie beat us all to it in December last year...!!
Cheers, Motu
PS Thanks Collector...a man of fine tastes obviously
PS the second.... read from here onwards, I think I mentioned John Key here:
http://www.forexfactory.com/showthre...27#post8311027
- #9,564
- Jul 17, 2015 5:16pm Jul 17, 2015 5:16pm
{quote} prachait low is yet to be formed on this pair and will be formed once RBNZ cuts. dairy prices are falling, fonterra payouts are falling, plus a stronger dollar, inflation is subdued. 0.63 will be the bottom in my opinion
Prachait Saxena
- #9,567
- Jul 19, 2015 7:39pm Jul 19, 2015 7:39pm
- Joined May 2012 | Status: Senior Member | 3,048 Posts
{quote} You are senior member? You really haven't got a clue what is going on?Analysts at Westpac forecasts RBNZ to reduce the official cash rate to 2% by the end of 2015 citing weak dairy prices and soft inflation - Other large investment banks forecasts the RBNZ lowering rates throughout the year with most seeing rates lowered to 2.50% by the end of the year. - Next rate meeting is on the 22nd of July will all analysts surveyed unanimously seeing rates being lowered by 25bps while Credit Suisse OIS display a 100% chance for rates to...
Anyway i got in a bit early and got stopped out, looking at some other pairs now, currently in short GU & Gold + long UCAD
- #9,568
- Jul 19, 2015 8:33pm Jul 19, 2015 8:33pm
- Joined May 2012 | Status: Senior Member | 3,048 Posts
{quote} Dude calm down! That Was just a scalp! PA will never move in one direction, you often see bounces up and down before continuation of trend! And you are a "red flagged" member! Please visit babypips.com for more information
- #9,572
- Edited 5:36am Jul 20, 2015 2:53am | Edited 5:36am
- Joined Sep 2014 | Status: Trader | 4,176 Posts
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I started a Thread in FF :
roger44's sight and laboratory
in Trading Journals Forum
(maybe this seems to be an advertisement to my thread in FF : seems to have this necessary
: although normally one post every working day : try to fill 10 charts --- the limit.)
- #9,573
- Jul 20, 2015 3:30am Jul 20, 2015 3:30am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
NZDUSD prepared for descend on an impulse wave v, target at least new low and more.
Elliott Wave for optimum entry, exit and risk management of trades
I closed my G/N short at 2.39 and then proceeded to launch various N/U shorts.
- #9,577
- Edited 10:13pm Jul 20, 2015 8:29pm | Edited 10:13pm
- Joined Sep 2014 | Status: Trader | 4,176 Posts
I agree.
The current rise is just expecting the credit card spending would be good due to the international cup.
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The current rise is just expecting the credit card spending would be good due to the international cup.
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- #9,578
- Edited Jul 21, 2015 1:23am Jul 20, 2015 10:23pm | Edited Jul 21, 2015 1:23am
- Joined Sep 2014 | Status: Trader | 4,176 Posts
For NZD Credit Card Spending (YoY),
the difference between last month (May) and this month (Jun) data is similar to that of the last year (difference : 0.1 more than last year).
So, NZD/USD will be down.
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the difference between last month (May) and this month (Jun) data is similar to that of the last year (difference : 0.1 more than last year).
So, NZD/USD will be down.
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