image I am back in longs now, just one mini so far. Will add as price rises or dips +-30 pips. I bought first lot when it broke back through .7332 (got .7333). Stops below .7288 and if it drops to .7303 or breaks through and holds above .7363 I ...

NZD/USD

Broke above and waiting for close. Unless Yellen comes out and says there may be rate hike in September, safe to buy dips now. May be best to cover before next FED and RBNZ meetings and put out our line after the meeting in case they move markets ...

NZD/USD

I covered longs so I sold 3 mini lots NZDUSD. I am flat at the moment and waiting for the Jackson Hole Speech. Technically I am bullish but watch fundamentals. The Yellen speech will move the market and I don't want to buy here anyway. Much better ...

NZD/USD

Wow, market dropped 10 pips right as I sold. My measly $30,000 in contracts moved the markets, lol!

NZD/USD

Much better now as .7332 has been breached. Classic uptrend and traders coming back from holiday will pop the top and keep the steady momentum going. I am cashing out now and wait and see n Jackson hole. I think Yellen speaks Thursday evening during ...

NZD/USD

For the bulls, clearly a bull flag is forming and a break of .7310 may be off to races on upside

NZD/USD

Lower highs and lower lows should drag this down to .7190 area. a break of .7190 needed to continue downtrend. Otherwise, we are range bound. image

NZD/USD

Monthly cycles indicate down to sideways during August then up into December before the big drop in January. I have a feeling that a big player may be accumulating longs here as they see this opportunity. Several attempts have been made to run stop ...

NZD/USD

.7300 area getting stronger. A bear trap? Or is this the top?

NZD/USD

I was not in the AUDUSD trade on the RBNZ rate announcement (I am always flat before big news), but I see lots of platforms have .7755 on the bid. Couple that with FXCM tendency to raise the spreads during news announcements, especially on RBNZ news ...

AUD/USD

Here we are again at .7300. Let's see if we get the breakthrough this time or if this level holds again.

NZD/USD

Some cashing in profits for sure as August normally a down month for AUDUSD. Feels like the money is starting to build longs for the year end push so may be a flat August trade (ranging)

AUD/USD

Looks like the trade can take rate hike at Feb 1, 2017 but expecting it at March 15, 2017

AUD/USD

Markets are not priced for rate hike this year. I personally don't think this Yellin led FOMC will go without telling the trade because panic buying of USD. FOMC does not want that.

AUD/USD

Sell the rumor, buy the fact. The statement does not indicate any more cuts are needed and FOMC is on hold for a while so smart money is banking profits. There may even be some long side accumulation at these levels. I repeat from previous post. ...

AUD/USD

Rate cut already priced so market subdued. Should drift lower during London trade then steady to rising in New York

AUD/USD

The BoJ must be gnashing their teeth, green with envy that RBNZ can so easily weaken the currency, lol. This downleg should continue up to the meeting on August 11 where they most likely cut rates, but this big move needs to retrace a bit. In 2 ...

NZD/USD

Any talk from RBNZ causes substantial losses to the NZD. Traders are pounding NZD down with rates cut speculation. If they don't come out on July 21 with strong language that suggests rate cuts, there will be some fireworks in NZD pairs. Going to be ...

NZD/USD