Attachments: NZD/USD

NZD/USD

#11,861
Jul 1, 2016 1:58pm Jul 1, 2016 1:58pm

PowerTrade
| Joined May 2015 | Status: Trader | 374 Posts

Quoting stylinex

Disliked

{quote} Definitely looks like a few Retina screens multiplied there

Ignored

I wanto one of those, I need another Brexit

A good strategy for trading is... the opposite of having a bad strategy.

#11,862
Jul 4, 2016 8:11am Jul 4, 2016 8:11am

newbegger
Joined May 2011 | Status: Trader | 1,577 Posts

Quoting newbegger

Disliked

{quote} Looking at this chart, I think we will encounter some resistance around .7250-.7270 area. Have to watch it when price gets here. If it blows through on Monday while the US traders are on holiday, this will become support instead of resistance and .7500 will look easier to reach {image}

Ignored

Does not look like London traders are gunning for stops so for now resistance will remain. Wait and see for tomorrow

Ecclesiastes 1:9

#11,863
Jul 5, 2016 7:17pm Jul 5, 2016 7:17pm

Squiggles
Joined Nov 2014 | Status: Trader | 1,736 Posts

blar blar blar

Attached Image (click to enlarge)

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#11,864
Jul 5, 2016 11:19pm Jul 5, 2016 11:19pm

newbegger
Joined May 2011 | Status: Trader | 1,577 Posts

Quoting newbegger

Disliked

{quote} Does not look like London traders are gunning for stops so for now resistance will remain. Wait and see for tomorrow

Ignored

Looks like .7250 area for resistance and support in the .7000 going to be the range until NFP. Anybody got an opinion on the NFP? Good, Bad, or Ugly?
Attached Image

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Ecclesiastes 1:9

#11,865
Jul 5, 2016 11:33pm Jul 5, 2016 11:33pm

zen252
| Joined Aug 2010 | Status: Trader | 104 Posts

Quoting newbegger

Disliked

{quote} Looks like .7250 area for resistance and support in the .7000 going to be the range until NFP. Anybody got an opinion on the NFP? Good, Bad, or Ugly? Attached Image {image}

Ignored

I think you also need to look at a speech by one of the RBNZ tomorrow at 5.30 (NZ time). There is talk they are going to toughen up rules for housing investors which in turn could also mean they will do a rate cut in August. Speech is at a private function so there is no mention at the media.

http://www.interest.co.nz/opinion/82...lazing-housing

#11,866
Jul 5, 2016 11:34pm Jul 5, 2016 11:34pm

zen252
| Joined Aug 2010 | Status: Trader | 104 Posts

Plus there seems to be risk off appetite for the Kiwi dollar today , and also a bad dairy auction overnight.

#11,867
Jul 5, 2016 11:36pm Jul 5, 2016 11:36pm

zen252
| Joined Aug 2010 | Status: Trader | 104 Posts

And then add two teaspoons of Brexit and this baby might get back down to .69 against the USD

#11,868
Jul 5, 2016 11:45pm Jul 5, 2016 11:45pm

newbegger
Joined May 2011 | Status: Trader | 1,577 Posts

Quoting zen252

Disliked

And then add two teaspoons of Brexit and this baby might get back down to .69 against the USD

Ignored

Also watching the carnage in the sterling today, lots of buying USD and JPY... .6900? Maybe?

Ecclesiastes 1:9

#11,869
Jul 5, 2016 11:58pm Jul 5, 2016 11:58pm

zen252
| Joined Aug 2010 | Status: Trader | 104 Posts

Quoting newbegger

Disliked

{quote} Also watching the carnage in the sterling today, lots of buying USD and JPY... .6900? Maybe?

Ignored

I'm watching the USD/JPY as well.... if it starts breaking 1.00 against the yen then I'll start buying as I think japan with start to intervene.

#11,870
Jul 7, 2016 3:34am Jul 7, 2016 3:34am

ben82
| Joined Feb 2013 | Status: Fx Stooge | 408 Posts

one day %1 - 2 down, one day %1 - 2 up...

this pair is just manipulative

#11,871
Jul 7, 2016 3:41am Jul 7, 2016 3:41am

belgeran
| Joined Nov 2012 | Status: Trader | 268 Posts

maybe gunning for 0.75 at this rate... daily is now supporting upside

#11,872
Jul 7, 2016 5:05am Jul 7, 2016 5:05am

james1254
| Joined Sep 2015 | Status: Trader | 1,232 Posts

It has to break above the previous high at 0.7293 to continue moving to the upside. Besides, tomorrow the NFP will come out, we could see some changes then.

#11,873
Jul 7, 2016 7:47am Jul 7, 2016 7:47am

newbegger
Joined May 2011 | Status: Trader | 1,577 Posts

Quoting newbegger

Disliked

{quote} Looks like .7250 area for resistance and support in the .7000 going to be the range until NFP. Anybody got an opinion on the NFP? Good, Bad, or Ugly? Attached Image {image}

Ignored

About what I expected. We should settle down into the .7170 area for NFP. Covered longs and now short into London close. Will cover scalp shorts after the close or .7180 whatever is first

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Ecclesiastes 1:9

#11,874
Jul 7, 2016 10:09pm Jul 7, 2016 10:09pm

attilafx
Joined Feb 2013 | Status: Trader | 774 Posts

Not bad to be waking up with +40 pips already in the pocket.
0.73 on the cards. :-) Probably much much higher.

0.7305
0.7359
.07404
0.7469

Buy every correction.

#11,875
Jul 7, 2016 10:28pm Jul 7, 2016 10:28pm

lioslim
Joined Oct 2011 | Status: just me | 318 Posts

Quoting attilafx

Disliked

Not bad to be waking up with +40 pips already in the pocket. 0.73 on the cards. :-) Probably much much higher. 0.7305 0.7359 .07404 0.7469 Buy every correction.

Ignored

i dont think so, sorry buddy , we will see, never know, double top on 4h chart and I think the 5th Elliot wave on weekly its about to start, so we are going down.
Thats my prediction, only risk 3% of capital or even less be happy, I will provide chart as well

#11,876
Jul 7, 2016 10:31pm Jul 7, 2016 10:31pm

lioslim
Joined Oct 2011 | Status: just me | 318 Posts

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#11,877
Jul 7, 2016 11:16pm Jul 7, 2016 11:16pm

PaulDaemon
| Commercial User | Joined Jan 2015 | 1,352 Posts

Quoting lioslim

Disliked

{quote} i dont think so, sorry buddy , we will see, never know, double top on 4h chart and I think the 5th Elliot wave on weekly its about to start, so we are going down. Thats my prediction, only risk 3% of capital or even less be happy, I will provide chart as well

Ignored

Im with you on that one