Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Feb 25, 2010 18:11
Comments: 168
View Hot-Chart
This thread was started in response to the Hot-Chart:

AUDNZD Looking for a Turn

 
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PippedOff
Canada
Posted Anonymously
14 years ago
Mar 2, 2010 17:14
This pair has also peaked at 1.3000. Idiots buying the RBA rate hike as if it was UNEXPECTED. Last fools buying Aussie pairs today from Westpac WEATHERMEN ANALYSTS Pump 'N Dump will get hurt real bad.
Khalys
Paris, France
Posts: 3
14 years ago
Mar 2, 2010 17:01
Hello traders,

What shall we think about this up move today on AUDNZD ?

Ashraf , are you keeping on bearish bias on this pair ?
Klaus
Munich, Germany
Posts: 1
14 years ago
Mar 2, 2010 16:44
level now on march 2 17.45 2990/3000. what shall I do is this a false brfeakout or a turnaround in a new direction??
radu
bucharest, Romania
Posts: 203
14 years ago
Mar 2, 2010 16:16


1.298-1.3 looks like a pretty hard to rich level for aud/nzd... at least , for the moment

let"s see what"s next
Peggy
California, United States
Posted Anonymously
14 years ago
Mar 2, 2010 16:12
@Pipster: Yes, as I stated earlier I was shorting with a small position at 1.2950. My limit order hit today.
Pipster
birmingham, UK
Posts: 111
14 years ago
Mar 2, 2010 16:03
Peggy -

I'm curious if you went short into AUD/NZD :)
Peggy
California, United States
Posted Anonymously
14 years ago
Mar 2, 2010 15:59
If one is looking at a weekly chart and calling a breakout, don't you need to wait till the end of the week to see where the price closes? Besides, ever hear of a false breakout?
radu
bucharest, Romania
Posts: 203
14 years ago
Mar 2, 2010 15:53


Yes indeed...
Thanks
mo
liverpool, UK
Posts: 123
14 years ago
Mar 2, 2010 15:48
Sean, if you look at weekly chart you will see that 1.2965 acted as resistance since August 2008. A close today above this level will give conformation and green light for farther gain in the AUD/NZD cross.
And 1.36 represents the next resistance level in the monthly chart.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 2, 2010 15:45
Hi Radu,
Don't trade that pair. however, i learnt at the cost of a few hundred pips to never bet against the aussie in the last 10-12 months - just see the fate of EURAUD and GBPAUD - the technicals are constantly signalling a buy but trying to time a bounce is very hard.

1.3050 is a a good area for a quick short - though as you know if a pair makes a new high it is a bit dangerous to short.
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