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Lenart replied Sep 12, 2008The question is: How far, KGB, do you think this retracement is going? Done climbing, 6650, 6720 or 6800?
NZDUSD Discussion
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Lenart replied Sep 11, 2008Darn. Just triggered SL at breakeven and reversed. Hate when it does that.
NZDUSD Discussion
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Lenart replied Sep 11, 2008Would you bet money on it? Don't get me wrong. I'd be thrilled if you were right...
NZDUSD Discussion
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Lenart replied Sep 11, 2008I'm confused too. It's retraced big time so far like 140 pips to 50% Fib retracement. I'm lost, man...
NZDUSD Discussion
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Lenart replied Sep 11, 2008Like I said: greed is reason for a lot of lost money... I have 3,5% margin percent, so I'm
to...NZDUSD Discussion
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Lenart replied Sep 11, 2008Just to make clear. I have few short allright. From 6770, 6670 and 6560. If it wasn't for fear I'd own short from 6680 (had order open, could'n click OK button) and 6740 (same here). OK don't be greedy Lenart... Greed is as harmful as fear. Let's ...
NZDUSD Discussion
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Lenart replied Sep 10, 2008Why is that? You predicted correctly. I thought/hoped for ,5 cut too, felt strong about it, but couldn't open new shorts at 0,6680. Fear I guess...
NZDUSD Discussion
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Lenart replied Sep 10, 2008Pirin, Duch Trader, Toyboy tramp: thanks for explanation. I'm not up to date with achronims...
NZDUSD Discussion
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Lenart replied Sep 10, 2008Here's news release from RBNZ home page: The Reserve Bank today reduced the Official Cash Rate (OCR) by 50 basis points from 8.0 percent to 7.5 percent. Reserve Bank Governor Alan Bollard said: “The New Zealand economy is experiencing a marked ...
NZDUSD Discussion
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Lenart replied Sep 7, 2008See what confuses me about priced in issue is that Aussie had rate cut priced in too, but was good for abot 250 pip fall... was that because a RBA rate statement (priced in yet another rate cut)?

I mean, statement was not so dowish...NZDUSD Discussion
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Lenart replied Sep 6, 2008Plunge — NZD allready plunged like 20% and this is the sharpest and largest decline in this millenium. Is next week's anticioated rate cut allready priced in todays rates? I mean - RBNZ said that they will be more cautious if currency would ...
NZDUSD Discussion