Nzd.usd

[Toulouse - Luzern]

Hi DA,
Thanks,
Like your thoughts on the EURUSD as I am long at the moment ...
I will probably have a look at the S&P tonight...
When you posted about it and also your interest in gold a week or so back I tested out my CFD charts etc and trading platform for both and it works OK
thks & rgds

[dumbass]

sp 500 has hit resistance around 1225 pivot , this maybe a warning that market may correct lower from here and most likely mean a us dollar rally.
i have closed longs on nzd for +80 + 100
eur usd longs +120 and sp500 +20 points.
i would expect a nudge higher from here but looking to set up short.

[HIDDENGEM]

I am not an expert in currency. When I analyse globalfactors, commodity trend to pick stocks I can see some trend for some currencies.I have never done any online currency trading.

I expect both NZD and AUD go higher in the short run whilehaving volatility

Inthe medium term probably next year or end of this year USD can go higheragainst baskets of currencies

Anybody is investing in currency for the long run? If it isso how do you take positions?

Do you buy currency options or any other instruments?

Thanks and regards

[biology12]

DA,

hey mate, how come you picking a short?you thinking the 80c level will not hold??

[dumbass]

longer term direction is short as im picking the rally from 73.80 is a correction and the trend is still down.

shorter term action is long, targeting upper channel line 81.20 or even 82 +

[biology12]

think the trend will be switching, below 80c now, that news from germaning is hitting everything.
thoughts on targets?

[dumbass]

looks very much like a trend change underway. i scalped a few on the long 30+ but kind of felt it was struggling a bit.

i got some shorts on the nzd 130+,100+ aud 130+ eur 100+.

most likely the bulls will not roll over without a fight. if i use the kiwi as an example i would set a target at 78.90 for closing shorts and go long and see how much of a bounce we get.

if you dont fancy a long then use the rally to set up shorts

[biology12]

cheers for that will be following today, great pick ups on shorts from u, "big collect for the boys",

[biology12]

hey da,

from your last post: are you thinking it will drop down to 78.90 then bounce from ther, just had a look had it seems to be going up now could the bounce not have hit at like 79.25,

note still a novice to curr trading just unshore of the way you stated it b4

cheers in advance,

[biology12]

note, just looking in 30min window macd crossed low rsi and signals from b bands, couldnt be a long coming up as we speak?