Spotted this on the hourlies last night. A busted ascending triangle with a false breakout, complete with RSI divergence. Looking OK on the dailies as well. Up 40 odd pips so far.
http://www.sharetrader.co.nz/picture...5&pictureid=41
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Spotted this on the hourlies last night. A busted ascending triangle with a false breakout, complete with RSI divergence. Looking OK on the dailies as well. Up 40 odd pips so far.
http://www.sharetrader.co.nz/picture...5&pictureid=41
Just picking up a bit of USD strength after the Lehman brothers bankruptcy. I'm short at 6582 SL at 6623.
Trailing very aggressively this trade, if even a hint of reversal comes up I'm out.
Not sure if you are still in or out AMR.....
I took +50 pips before retiring, leaving a balance on (with target 126 pips) but it got stopped at +5.
Still a nice win and a good day on a few others as well.
Was up 40 odd pips at one stage but decided to let it run. Stopped out at -18 pips. Ah well, "letting it run" clearly isn't a good idea in this market.
Kiwi just fell off a cliff
Looks like a 400+ pip swing until it recovered a bit.
I'd have to say that's the biggst single day swing I recall ever seeing with the Kiwi
Anyone know the cause of the big dip today?
Some news coming up