kiwi strength a bit :eek: but good for this short position. still a long way to 1.15 tho.
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kiwi strength a bit :eek: but good for this short position. still a long way to 1.15 tho.
Australian jobs data due out today (1.30pm, New Zealand time)
Could somebody recommend a site where I can get 12 month NZ.AUD charts please. :D
Cheers
D
dragonz
here is one
http://www.findata.co.nz/Markets/Sto...REX/NZDAUD.htm
Thanks Lotto:)
Herald Article today
Currency: Kiwi and aussie at 'crucial' juncture
http://www.nzherald.co.nz/business/n...ectid=10581293
i've got a failing butterfly (in yellow) on my chart. Havent traded it.
Looks weak to me but just below 1.23 it will have done a bullish gartley (green)
What do you think arco?
http://i36.tinypic.com/2qkkxht.gif
http://i34.tinypic.com/2uprck0.gif
Stop to break even
at the end of the butterfly formation the yello line formed from just above the B point proved instrumental and once it broke on the 7th provided good support the next day. I got in a bit late and is probably a bit overcooked on the hourly at +190 so I've closed out here.
Looks like Kumo resistance
http://i36.tinypic.com/23jn1a9.gif
.
Potentially a short term short. No position at the moment. Kumo has currently resisted an attempt to penetrate, together with Chikou against the plot.
http://i34.tinypic.com/2jcir1g.gif
Watching now for a potential turn inside the Kumo
http://i35.tinypic.com/2lliomg.gif
completed a bearish gartley overnite at your blue box area arco
Morning Peat
Yes, starting to look interesting.
As the 'B' leg almost reached 618 I tend to be a bit cautious in
case there is an extension of the 'D' leg (forming BF).
http://i35.tinypic.com/20f2eeu.gif
I see the nzd weakening against the aud, do you see this trend continuing ? thanks