sharetrader
Page 10 of 167 FirstFirst ... 678910111213142060110 ... LastLast
Results 91 to 100 of 1664

Thread: Nzd.usd

  1. #91
    Senior Member
    Join Date
    Nov 2004
    Location
    Auckland, , New Zealand.
    Posts
    609

    Default

    quote:Originally posted by arco

    Xerof

    I have triple convergent resistance areas circa
    7300-7324,so maybe they will hold.....Just maybe.

    I say that because I have a concern with the
    oscillator which is still on the positive side
    of zero.

    When in doubt - I stay out. There are better
    fish to fry (or Butterflies to fly).

    arco
    arco, is ur triple resistent , at the 24/25th days?!
    Oil - NZO
    REE - ARU
    Copper - EQN/OXR/TMR
    Iron- AGO/ADY/UMC
    Nickel-WSA
    PGM/Gold - PLA/VRE

  2. #92
    Senior Member
    Join Date
    Nov 2004
    Location
    Auckland, , New Zealand.
    Posts
    609

    Default

    speaking about indicators
    RSI - generally speaking going above the 20 mark = buy, going above 70/80 mark = sell

    ive checked it out.... yet IMO i tink this indicator is the least useful of all at least in my experiences.

    arco/xerof mind to share some previous dates where the RSI has been useful to reconfirm/confirm a sell/buy ?

    MACD - i prefer using this, really good indicator IMO, u guys say default, is that meaning 12 26 9?

    oscillator meaning PRICE OSCILLATOR? 28 and 14?


    Oil - NZO
    REE - ARU
    Copper - EQN/OXR/TMR
    Iron- AGO/ADY/UMC
    Nickel-WSA
    PGM/Gold - PLA/VRE

  3. #93
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default

    quote:Not waiting for a break of 7330, gone 1 unit long at .7290
    squared at 7329, after failure to break above 7350


  4. #94
    Senior Member slam's Avatar
    Join Date
    Aug 2003
    Location
    Christchurch, , New Zealand.
    Posts
    569

    Default

    quote:Originally posted by slam

    Went short at .790
    Looking at range, Target .720

    See how wee go

    Cheers
    Slam
    Well was too soon with that one, but picked up some more to short at .7330, so back in black again.

    Cheers
    Slam

  5. #95
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default

    Dr Bollard seems intent on ensuring there's no ambiguity - this is aimed more at the interest rate markets, which are pricing in an easing as next move, but in terms of FX, those yield hungry cash 'n carry traders will be less worried about an imminent sell-off and might even be daring enough to take some more on

    quote:3 May 2005

    News Release

    Reserve Bank reinforces last week's statement

    Speech excerpt on monetary policy

    From an address by
    Dr Alan Bollard
    Governor
    Reserve Bank

    As part of a presentation to a Masterton District Council Business Community Breakfast Meeting

    Reserve Bank Governor Alan Bollard today reinforced his statement of 28 April 2005 that economic data suggests that underlying demand and inflation pressures remain strong and that, in this environment, further policy tightening cannot be ruled out.

    Dr Bollard was speaking to a Masterton District Council Business Community Breakfast Meeting.

    "Last week I announced that the Official Cash rate (OCR) would remain at 6.75 per cent," Dr Bollard said. "But I reiterated our concerns about the persistence of inflation pressures in the economy, which are severely limiting our inflation headroom."

    Dr Bollard said that over the coming weeks the Bank would be reviewing its forecasts in more detail, in particular to assess the strength of pipeline interest and exchange rate effects, household demand and ongoing labour market pressures.

    "This assessment will be used to confirm whether further policy tightening is warranted at the June 2005 Monetary Policy Statement. Certainly, the current outlook offers no scope for an easing of policy in the foreseeable future."

  6. #96
    action-reaction arco's Avatar
    Join Date
    Dec 2001
    Location
    AUD.NZD
    Posts
    2,877

    Default



    The candles are showing an Harami (almost Cross)
    just below the resistance areas I mentioned on Friday.

    quote:I have triple convergent resistance areas circa
    7300-7324,so maybe they will hold
    I would ideally like to see the oscillator dip below the zero.

    arco



    ___________________


    ___________________

  7. #97
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default

    I'm going to sell a couple of units at .7330 if seen on this run up. S/l above 7380

    currently 7290

    Xerof

    changed level up 20 pips - looks like there might be another short squeeze later today

  8. #98
    action-reaction arco's Avatar
    Join Date
    Dec 2001
    Location
    AUD.NZD
    Posts
    2,877

    Default


    Oscillator now moved negative zero...expect minor test
    to confirm change of polarity. Possible resistance remains
    as stated.

    No position currently.



    ___________________


    ___________________

  9. #99
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default

    Noted thanks Arco

  10. #100
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default


    I wimped out of doing 2 units - changed my trade to short 1 unit at .7335, which is now live. S/L still .7380

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •