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Posts by "nzvik"

263 Posts Total by "nzvik":
225 Posts by member
nzvik
(Auckland, New Zealand)
38 Posts by Anonymous "nzvik":
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Feb 11, 2010 2:53
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Feb 10, 2010 7:38
the euro is becoming very very news driven - greece, portugal spain - the current mini rally is normal from a technical point of view as part of the larger move down, however any rumour / news about the weaker countries in the EU can throw all trade planning to out of whack. trading with short targets maybe wise at this stage - till things become clear about greece and the million other entities in the EU.
GBP looks cleaner and easier to trade at this stage
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 28, 2010 8:56
GBPUSD just went up - could hit 1.63+ today - risk appetite appears to be returning for the day atleast
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 19, 2010 0:56
i like this cable cartel - they are so predictable - $$$
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 18, 2010 13:02
Radu

Have a read of this - it should help you understand the reports and possible use of them - remember the data is computed on tuesday every week but published on friday - so there is a time lag which has implications on how you interpret them.
http://investopedia.com/articles/forex/05/COTreport.asp?partner=ntu9


cheers
vik
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 18, 2010 8:05
mckinn
i agree with the bullish GBP call, but things are bit all over the place i.e. the moves are not looking very clean at this stage - so tight stops are important
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 15, 2010 5:18
this is crazy - the Merkel potential resignation if you google - comes up only with some fx trading website - no mainstream media seems to be talking about it - on the internet or tv !

Xaron - if this is just a stupid rumour - then it is a great buying opportunity before europe opens
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 14, 2010 21:18
Letisha - hope you are right - i have been long from 1.4420 for the last 5 days - and now getting worried that this may pull back as the uptrend is losing momentum.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 14, 2010 20:52
EUR 1.4440 still holding - but got close today. a pull back in euro may be on the cards - early signs of a downward drift are visible
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 14, 2010 9:50
Pipster

I would not recommend doing anything on the EURO till the ECB rate decision / press conference a few hours from now.

vik