If the RBNZ does another rate hike and increases the OCR this will go up further won't it?..

NZD/USD

Is it just me or does it seem like the markets are very much being about keeping everything afloat lately? It all looks very similar to what we had before 08.

Sonic R. System

Abit unlike you to go short? Mind you I'm supposing this is because it is a USD release not a CAD release? Always good to hear which angle you're approaching things from news wise anyway

Central Banks & Big Players

Look over to where it shows your private messages, there will be a button that says settings found there also I should have probably added that there is more than 1 settings button. Its the one over to the right on your profile I ...

Central Banks & Big Players

All eyes and ears on FOMC.. image

Central Banks & Big Players

Agreed, talk is cheap. Actions speak louder than words..

Sonic R. System

This situation with NZD we've have....it seems, familiar ..Where have I seen this before? Oh. That's right AUDUSD. Does history really repeat itself?.. image Time shall tell :nerd:

Sonic R. System

Woahh! This is a great comparison, very interesting..thanks for sharing

NZD/USD

Yes I agree it should be up with the dragon below it for a stronger qualification. Time will tell where this pair continues to drift

Sonic R. System

Added to my USDCHF trade on the classic: image

Sonic R. System

All YEN Pairs: image I would just like to make those aware who are involved in any yen pair trading at the moment to pay attention to the Nikkei index! This is strongly correlated with the strength of YEN pairs and we have a monster of a H&S that ...

Sonic R. System

Appreciate the analysis skyhok, it should be very interesting indeed

NZD/USD

Mind sharing your analysis with us? I would like to see which pattern you are referring to. Regards - Sail

NZD/USD

Just wait..When the real global financial crisis sets in and makes the 08 one look like peas we can all be rich.. Make no mistake, I'll be buying my one way ticket straight into the fiery depths of hell when she does happen I'm sure I'm not ...

NZD/USD

Preach! You're absolutely right. Things are getting interesting with NU. I wonder if we'll see 88+...

Sonic R. System

Agreed, if we don't see a lot of profit taking at 87 then 88 it will be after all. Who knows though, anything can happen. 88 could be a nice area to go short. NZ is gonna get screwed if it breaks out of 88 and reaches the 90 range..

NZD/USD

Yes this is a good way of doing things. I have seen loeil post similar posts about having a mental DD limit of x%. I think I saw him say 20% was his personal preference at one point. The point is it is up to us to decide how much risk we are ...

Sonic R. System

Yes but my point of view is these prices can't be sustained. The name of the game to buy low and sell high. What may look like strength today may look like amazingly profitable opportunities in a month or two from now, we can't know.

Sonic R. System

An article dug up from February this year: url

NZD/USD

Oh...you got me! That's a good one

NZD/USD