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22-05-2012, 02:18 PM
#1481
loaded up big on the risk off long nzd trade, probably more a technical short squeeze but if a sentiment change follows, price may really rally.
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22-05-2012, 09:13 PM
#1482
Still holding the long trade DA? Japanese downgrade might knock the wind out of risk a bit.
I still hold a decent NZD short trade. Although i have a very long term goal in mind.
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23-05-2012, 10:58 AM
#1483
hi pumice , bailed on this one for a few , i still like the idea of a short squeeze
very high risk but will look to long 75.20 with a tight 40 pip stop , this could be very profitable but risky.
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23-05-2012, 01:07 PM
#1484
NZD looks pretty weak to me.
Looks to have broken .7500 as well. More downside I suspect.
I'm not ballsy enough to fight this down trend.
I'm also looking to short gold on a breach of 1500 (If it ever breaks that formidable support)
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19-06-2012, 09:45 PM
#1485
Originally Posted by dumbass
hi pumice , bailed on this one for a few , i still like the idea of a short squeeze
very high risk but will look to long 75.20 with a tight 40 pip stop , this could be very profitable but risky.
squeeze it did , 3 long positions on 75,76,76.50 for 450 + 350 + and 300+, i will close all long positions here and look for a short entry
80 should provide heavy resistance so i will short from 79.50 79.70 with a tight stop at 80.25
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19-06-2012, 10:28 PM
#1486
Nice trade!
Whats you target on the short, when and if this turns?
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19-06-2012, 10:34 PM
#1487
hi pumice , this is an agressive entry and may be a bit premature , if 80 breaks probably have another look around 81 for a short entry target 68
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20-06-2012, 09:56 AM
#1488
Cheers DA.
I haven’t jumped in yet, .80 is holding for now. I’m happy to wait for a better signal.
.68 wow that’s a big move. I hope you’re right.
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20-06-2012, 10:33 AM
#1489
Hmm 68, you expect the share markets to tank too DA?
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21-06-2012, 10:29 AM
#1490
Originally Posted by Entrep
Hmm 68, you expect the share markets to tank too DA?
i think it will but not quite yet.
i will close my short positions in kiwi for a small profit here , uptrend still looks intact for the moment , should find better short levels higher up.
i would now be looking at 80.80 area if seen.
Last edited by dumbass; 21-06-2012 at 10:50 AM.
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