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Thread: Nzd.usd

  1. #1141
    Guru Dr_Who's Avatar
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    Am I correct to say NZD can head higher? My pathetic attempt to read the graph.
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.

  2. #1142
    action-reaction arco's Avatar
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    Quote Originally Posted by Dr_Who View Post
    Am I correct to say NZD can head higher? My pathetic attempt to read the graph.
    Kiwi is still in the up trend channel, but there is some resistance around .7000 where an old broken TL also sits defending the way ahead

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  3. #1143
    Legend peat's Avatar
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    For clarity, nothing I say is advice....

  4. #1144
    action-reaction arco's Avatar
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    Still within the channel and forward Kumo not turned bearish yet.

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  5. #1145
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    kiwi worth a look , nice 5 down 3 up correction , with gartleyesque properties.
    short.


  6. #1146
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    Hi Paul

    IMO the action may rise a little first into the grey box zone.

    H4 chart is bearish on Ichi, and 30m is close to turning over.

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  7. #1147
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    Action has been into the grey zone mentioned and as
    shown in previous chart

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  8. #1148
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    Kiwi's looking a bit sad...............Spinning Tops all over the show which is a warning the market is loosing momentum.

    H1 plot into thick Kumo, with leading Kumo turned bearish........ Perhaps a little fall of 100 pips would do it good.

    No position as yet, but keeping a watchful eye,, and will pounce if the opportunity arises.

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  9. #1149
    Legend peat's Avatar
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    maybe like this?

    only gave this a fifteen pip stop.
    For clarity, nothing I say is advice....

  10. #1150
    Legend peat's Avatar
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    only got 23 off that myself tho there was up to 50 , BUT
    theres a gartley on the 30 min chart now and divergence
    Last edited by peat; 16-09-2009 at 08:08 AM.
    For clarity, nothing I say is advice....

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