loaded up big on the risk off long nzd trade, probably more a technical short squeeze but if a sentiment change follows, price may really rally.
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loaded up big on the risk off long nzd trade, probably more a technical short squeeze but if a sentiment change follows, price may really rally.
Still holding the long trade DA? Japanese downgrade might knock the wind out of risk a bit.
I still hold a decent NZD short trade. Although i have a very long term goal in mind.
hi pumice , bailed on this one for a few , i still like the idea of a short squeeze
very high risk but will look to long 75.20 with a tight 40 pip stop , this could be very profitable but risky.
NZD looks pretty weak to me.
Looks to have broken .7500 as well. More downside I suspect.
I'm not ballsy enough to fight this down trend.
I'm also looking to short gold on a breach of 1500 (If it ever breaks that formidable support)
Nice trade!
Whats you target on the short, when and if this turns?
hi pumice , this is an agressive entry and may be a bit premature , if 80 breaks probably have another look around 81 for a short entry target 68
Cheers DA.
I haven’t jumped in yet, .80 is holding for now. I’m happy to wait for a better signal.
.68 wow that’s a big move. I hope you’re right.
Hmm 68, you expect the share markets to tank too DA?