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Thread: Nzd.usd

  1. 30-06-2005, 11:56 AM #251
    Xerof
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    Well, of course the rumor/news leak combo that caused the rapid turnaround from last nights lows in all pairings was the rumored death of Saudi King Fahid/ leak of German unemployment figures being better than expectation.

    These sorts of 'news' items tend to surface just as the edge of a cliff is apparent, and allow the 'sharks to stophunt the reef-fish'.

    So treat them as they should be treated - just another opportunity to get long USD

    IMVHO of course

    Xerof
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  2. 30-06-2005, 11:59 AM #252
    zyreon
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    early tomorrow morning should be fun to watch...might just go to the trouble of getting up to watch [FOMC comments]
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  3. 30-06-2005, 12:01 PM #253
    Xerof
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    As for FED - 25 pip increase, and IMV a cut and paste of last commentary would be the most likely outcome - ignore all the talk and fear of a pause in rate increases - IMV

    Xerof
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  4. 30-06-2005, 12:25 PM #254
    arco
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    Xerof

    You could look at 6958 minor Gann support which is
    presently creating a Double Bottom. A break of
    this line forms a nice H&S topping pattern.

    Lower down.........Major Gann @ 6835 could cause
    some hesitation before dis pair (despair?) plunges
    even lower.

    arco






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  5. 30-06-2005, 04:19 PM #255
    peat
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    quote:Originally posted by Xerof


    Well, of course the rumor/news leak combo that caused the rapid turnaround from last nights lows in all pairings was the rumored death of Saudi King Fahid/ leak of German unemployment figures being better than expectation.
    I thought it was a Central Bank intervention or 'a supranational' as my platform news described it.
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  6. 30-06-2005, 08:26 PM #256
    Xerof
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    Very little bounce seen today - I've seen more out of dead cats than the Kiwi....so have re-entered short at 6988, to assist with funds legal bills......hopefully!

    Xerof
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  7. 30-06-2005, 09:20 PM #257
    zyreon
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    maybe you should hold any 70+ shorts as precious relics of the past

    maybe...
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  8. 30-06-2005, 09:38 PM #258
    Xerof
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    instant gratification on those little puppies

    Hope Mr G doesn't spoil the party in the morning

    Xerof

    yes Z think 70's might now only relate to reminiscence about music genres than the level of the currency

    Appears now more certain that Elvis has left the building.....
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  9. 01-07-2005, 12:05 PM #259
    Xerof
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    Delightfully bearish flag on the 15 minute chart
    Now late for lunch bibi
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  10. 01-07-2005, 01:30 PM #260
    peat
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    easy pips for you ....
    I really need to quit this day job or get a web interface account setup

    i collected all my NZD shorts in the .6990's ...
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