Nzd.usd

[Base Trader]

USD/GBP open interest is at highest level since 1999. Add the significant open interest levels in Euro and there remains the potential for correction of USD. I would still not short USD but just take note for profit taking.

UI have halved my USD short volume and shifted my stop to 0.684 - but is a nice run.

[arco]

Welcome Base Trader.
I look forward to your participation.


NZD. Overnight troops managed to scout around
Ganns first post at 6835 reaching the outer
field of Monarchs circa 6759.

Therefore I expect they will re-group and kick
Major Gann's rear before departing further south
to tackle Leonardo Pisano's 50 stationed at 6695.

Down down deeper and down

[Xerof]

Yes, I was one of the butterflies floating in that lower area last night from an admittedly very late and average entry, (just enough rounds to reload the colt 45 and ammo belt) but then re-entered short at 6780 in anticipation of the charge south, and may fire a few more rounds if 6800/15 area seen first. Perhaps not an ideal initial entry but the southbound battalion is a dogged lot


into the valley of death......


Xerof

[peat]

quote:Originally posted by Xerof


into the valley of death......
Xerof

weird
I quoted Tennyson yesterday in a forum regarding fatal management mistakes
hopefully this time you're quote is directed at the currency and not at us traders heheh

[Xerof]

Currency Peat currency

All defenders of stale longs.....all 21 billion of them

[Xerof]

quote:re-entered short at 6780 in anticipation of the charge south

Just squared my short at 6720, looking to resell at 6755

Xerof

[peat]

i'm short from 6765 with limit buy at 6702
stuck away from platform tho (dayjob argh)

[zyreon]

66 soon methinks

[peat]

yeh gettin close to my limits !!

[Xerof]

Yeah Peat you'll get them - a resounding rejection of the rally in both NZD and AUD

I doubt there's much petrol left in the tank for topside now