Nzd.usd

[Pumice]

Nice trade!

Whats you target on the short, when and if this turns?

[dumbass]

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

[Pumice]

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.

[Entrep]

Hmm 68, you expect the share markets to tank too DA?

[dumbass]

Hmm 68, you expect the share markets to tank too DA?

i think it will but not quite yet.

i will close my short positions in kiwi for a small profit here , uptrend still looks intact for the moment , should find better short levels higher up.
i would now be looking at 80.80 area if seen.

[Pumice]

i think it will but not quite yet.

i will close my short positions in kiwi for a small profit here , uptrend still looks intact for the moment , should find better short levels higher up.
i would now be looking at 80.80 area if seen.

Good timing, GDP surprised to the upside, almost triples expectations.
Things aren’t so bad in NZ after all.

Might be awhile before a short opportunity presents itself.

[dumbass]

Yep that was an impressive number , technically the kiwi looks good for further upside and i shall buy on dips.

[dumbass]

Significant night time action has most likely signalled the end of the uptrend, i will now go heavy short with anything into the 79's seen today with a stop against yesterdays high.
Expecting new lows in the kiwi if this is the real deal. G/l guys.

[dumbass]

Shorts on at 79.40 and more at 79.50 , nice move lower which can be added to against 79.60 now for more dowside .

[Pumice]

Shorts on at 79.40 and more at 79.50 , nice move lower which can be added to against 79.60 now for more dowside .

As you pointed out Previously, NZD has struggled with the 80c mark, so hopefully we will see it slide to 68.