nzdusd at 4979, very happy with my short position. May cover soon I guess. :)
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Hi ARCO,
Yes it has been awhile,its raining in the bay today,not to good for this years vintage!
.3900 is where i anticipate things going too as well
cheers
roddy
The NZD is surprisingly strong against the USD. Why is it so strong?
50 pip spread !!
50 pt cut
perfect bearish gartley at 5128
Cut my loss and covered my short position this morning. I am glad I did, cos the NZD is trending up.
Hi DR and Peat,
finally got stopped out this morning but have a short in at 5118 for a target of 40 points below
Actually may be to do with the fact that the NZ economy is less negative than other countries and the Govt policy got a good write up in the WSJ and the Australian. 3% is also pretty high. still Bollard should have gone to 2.5% No point is waiting really. Still he is unsure of giving impetus to a dead cat bounce i guess