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Pretense replied Sep 9, 2015with this momentum I am targeting .6220, then will evaluate from there.
NZD/USD
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Pretense replied Sep 9, 2015from RBNZ "A reduction in the OCR is warranted by the softening in the economy and the need to keep future average CPI inflation near the 2 percent target midpoint. At this stage, some further easing in the OCR seems likely. This will depend on the ...
NZD/USD
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Pretense replied Sep 9, 2015I have considered this as well.... they have been speaking about 2 rate cuts. Why not do it all at once
NZD/USD
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Pretense replied Sep 9, 2015I think it depends on the rhetoric in the RBNZ rate statement. If they make a cut but seems hesitant on future cuts I could see NZD rising. If in the statement they say they strongly believe there will be need for another rate cut this year then I ...
NZD/USD
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Pretense replied Sep 8, 2015I don't think we get to .65 unless RBNZ decides to hold rates tomorrow.
NZD/USD
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Pretense replied Sep 8, 2015Had a hard time with the pips yesterday, Pretty much only made the pips back from my down day on sunday. closed out the trades over night. Wake up and hallelujah. See nzd/usd sitting pretty at .6345. You bet I jumped back on that short bus
NZD/USD
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Pretense replied Sep 4, 2015The spike from .61 ".6228" on my chart was simply a correction on a huge move with high volatility when the Chinese market crashed then corrected. I generally don't hold positions for more than 3 days. it's rare that I hold that long. Usually I hold ...
NZD/USD
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Pretense replied Sep 4, 2015Had .6240 as a take profit, close out for the weekend in mind.. Hope we get there
NZD/USD
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Pretense replied Sep 2, 2015It had bounced off the .6400 level area a few times, You haven't learned risk reward ratios? I was risking 20 pips to gain 50-60. I lost this one but so it goes. I've gained around 200 since this post in similar setups. I don't always trade the ...
NZD/USD
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Pretense replied Aug 31, 2015overnight long from .6415, stop at .6395. Small risk and hoping to see some pips when I wake. Night all
NZD/USD
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Pretense replied Jun 27, 2015There hasn't been a major correction in the downward trend on the daily since the .7740 peak. Looks like there may be a double bottom in place "unconfirmed" If so there could be a corrective bounce to the 38.2% .7170 area
NZD/USD