Nzd.usd

**peat** · 04-04-2006, 02:39 PM

seriously looking like the bounce was dead cattish....

**Xerof** · 05-04-2006, 12:13 AM

Backoffice,

Its trending, and agree with Peat regarding cats bouncing.

There should be quite a number of dead cats littered along the way.

Here's a weekly chart for the bigger picture...the Dynamic Gann Line has held it at 60 cents so far...but don't count on it forever

Xerof

**Dazza** · 05-04-2006, 12:55 AM

on my cmc platform
regarding news, some commentator said 6080 is prooving to be resistant?
we are reaching that... trigger ready for shorting but... but ...

**BackOffice** · 06-04-2006, 01:24 PM

Next door called there cat Thud as it did not bounce when it hit the wall.
Maybe this is a thud to .61 rather than a bounce to .63-.64

Is there a W forming at .6165 and what would it mean[?]

**peat** · 06-04-2006, 09:56 PM

i thinking that theres a reasonable possibility of the com-dols showing some life at this stage, and these will possibly drag the beleagured kiwi up with them , but it will , or at least should , underperform relatively to the others over anything other than the very short term.

Hence I am liking the Aud/Nzd long.

**Drunk_Russian** · 14-04-2006, 10:28 AM

Interesting to see the dollar get as high as .6240 yesterday. Will it drift further upwards in the next couple of weeks?

Had a nice entry order BUY executed at 1am on the 13th @ 6125 when announcements were made in the US. The price literally spiked down to 6125, and shot back up again. Closed @ .6200

Almost makes up for all the times I've been too greedy and set an order too low/high over night , and wake up to find the price comes within 5 pips of said order and races off in the other direction! =)

**BackOffice** · 18-04-2006, 06:42 PM

Drunk_Russian
I know what you mean, i though the bounce was over but have taken a 100 point loss, "bugger".

**peat** · 08-05-2006, 04:11 PM

I am starting to look at the possibility of this turning bearish.
theres divergence on my 3hour graph and I'm seeing a triangle form on the hourly since May 4th which it may have already started to break on the downside.
Not gonna bet the farm on this , it could just be consolidating, but have sold one at 6417 with a ridiculously tight stop at 6435.