Thanks DA,
I am long AUDUSD today partly because of the tighter and more consistent lower spreads.
I prefer tight stops and my provider has taken NZDUSD out to 12 pips or more over last few days.
Will have a look at NZDUSD again after dinner.
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Thanks DA,
I am long AUDUSD today partly because of the tighter and more consistent lower spreads.
I prefer tight stops and my provider has taken NZDUSD out to 12 pips or more over last few days.
Will have a look at NZDUSD again after dinner.
There .7950
Might look for a short when this turns
well 79 did not prove to be a resistance at all. long trade 120+ , shorts 120 -
still looks to me like a short squeeze which should have nearly run its course.
bias still short but you dont want to get in the way of rallies like this.
I dont think there is much conviction to this rally. AUDUSD fading after 90-pip jump following the favourable unemployment data; currently 20-pips from pre-release and NZDUSD 30-pips lower from pre-release.
I'm short but not in the $ yet. Stop just above .80
looks like we may be heading south.
good old fashioned head and shoulders
2 x shorts from 79.60, 79.55 stops to 79.70
watch for a retest of neckline
http://i183.photobucket.com/albums/x...9/nzdm10-2.jpg
Hi DA,
Thanks
Congratulations, another good call ...
where too now ...
rgds
failure of kiwi to push higher or even retest previous 79.90 high suggests scalping from short side.
79 area, which was suppose to be the big resistance for my previous short now rather ironically seems to be strong support.
looking for a short term short from higher up target 79 area or lower.
gl closed shorts for 100+ last night
Thanks DA,
will be watching it ...
Another downgrade, this time Spain.
Helping those NZD shorts along.
DA do you always time things this well?
risk on or off is a funny thing and often seems unrelated to news events.
we are in a little optimistic bubble at the moment which has created this spike in the kiwi,i am looking at eur and sp 500
for direction at the moment.
sp 500 has strong resistance at 1220 so we may see another push to challenge this area.
eur usd waiting for a pattern to complete around 1.4150
this may mean a spike higher in kiwi which i will try and short at the top.
so maybe worth keeping an eye on these levels in eur and sp 500