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- AM BiH replied Jul 14, 2014
Yes, only thing keeping NZD that unnaturally low was expectation of intervention from RBNZ. They told that they could intervene if NZD stay this high, but wouldn't be able to do that if they had to rise interest rate. After that they raised interest ...
- AM BiH replied Jul 9, 2014
Yes, bears had they fun from 0,8820 to 0,8800. Now lets go up up up again. @bartholemw Earthquakes are good for currency, check how JPY reacted after tsunami, strengthen 300 pips.
- AM BiH replied Jul 9, 2014
Today: EUR USD +0,02% GBP USD -0,09% AUD USD +0,04% NZD USD +0,23% Go Kiwiiii!
- AM BiH replied Jul 9, 2014
Any believers left who think NZD will slow down any time soon?
- AM BiH replied Jul 8, 2014
Possible, probable and inevitable
- AM BiH replied Jul 8, 2014
No, this is similar to the situation when GBP rose from 1,50 to 1,60. Everybody told it was too high, it has to fall, and then it rose to 1,70 and will probably continue.
- AM BiH replied Jul 8, 2014
Off course not. Only complete fool would sell it now. RBNZ is most hawkish central bank at this point, and FED most dovish. Employment situation in NZ at all time high, and in US worst since 70's. Just a matter of time when NZD will become strongest ...
- AM BiH replied Jul 8, 2014
Yes, it does not react on negative news. That means top is far higher then some think. Once when it touches 89, it will not return at this levels for years, so this is excellent opportunity for buy.
- AM BiH replied Jul 7, 2014
I cannot find any reason NZD/USD not to hit all time high this week. 0,89 this week, 0,90 next one.
- AM BiH replied Jul 3, 2014
Would be surprised if NZD don't finish day in positive territory. MM have decided to push it to parity and no matter what news come out, it will go there.
- AM BiH replied Jul 3, 2014
Yes, destroyed economy is only thing that can bring NZD down. My country choose that path. For last 20 years central bank stubbornly keeps currency too strong which has destroyed almost all industry and farming. Unemployment is now almost as high as ...
- AM BiH replied Jul 3, 2014
And since almost everybody is now bear, it can only go up, perhaps to parity in 1 to 2 years. After that probably retrace for a while to 0,95 and then up again.
- AM BiH replied Jul 3, 2014
After moves last few days, is there anyone left who thinks NZD will fall? Everybody else printing money like crazy, assures markets that they wont rise rates for years, talking down currencies, and RBNZ is discuss is it better to rise rates on every ...
- AM BiH replied Jun 26, 2014
Ladies and gentleman, stop loss hunting season on NZD officially opened. Enjoy! Next target 0,9000 Long term target parity with AUD and USD. RBNZ talks crap as usual. If they want lower NZD, they wouldn't rise interest rates.
- AM BiH replied Mar 4, 2013
At the point I earn enough for living from profits.
- AM BiH replied Mar 4, 2013
Bluetrinh, isn't your analysis too complicated? Trading should and can be much more simple!
- AM BiH replied Feb 6, 2013
Admitting that one is bad trader is big step in becoming good trader! Kind of paradox.
- AM BiH replied Jan 15, 2013
But here chances are bigger because you don't fight against pure mathematics but against irrational crowd.
- AM BiH replied Jan 14, 2013
The line between gambling and trading/investing is very thin, it isn't far from truth that every way of financial speculation is gambling.
- AM BiH replied Jan 14, 2013
Since trading is stressful, I listen to classical music to relax me. Nothing better then hear light violin and nice melody when waiting move on chart.