Exactly as you said in the part that I highlighted in your text…
GBP/AUD: Position #2 long at 2.0000
Just missed filling a buy order on GBP/NZD at 2.1850
I closed out both AUD positions for +40 pips and +140 pips. I’ll hold on to the NZD position over the weekend.
[b]good work!
[/b]
Closed out just there for +100. Don’t like holding over weekends normally. Will be looking for another long entry early next week I think.
[QUOTE=“PipMeHappy;745855”] I hope so… The global dairy auction on Tuesday 2nd Feb. may help the Kiwi finding some traction…[/QUOTE]
I take it back. I’m shorting for about another 1000 more handles before I’m long.
I meant …help the Kiwi(/USD) find traction to the downside!!
Hello traders!
The new week already started, and what a week it proposes to be!
On the docket we have:
-RBNZ Governor speech;
-BoE Governor speech;
-NZ global dairy trade auction;
-NFPs;
-several FOMC member speeches;
- US CPE and other data.
The NZD/USD has open with a bearish move,
and it has done so on the back of building net-short
positioning last week, according to
Forex COT | OANDA :
The recent non-commercial traders’ positioning
turn is very reminiscent of that in May-June 2015,
thus with NZD/USD under 0.65 it would be easy to
see further losses gaining traction: this week (and this
month) may really begin shaping the next leg for the Kiwi, in either direction.
Happy trading!
Ps: where do YOU see the Kiwi going?
I closed GBP/NZD at 2.2090 for +150 pips.
Now waiting patiently for next good entry opportunity.
Hello traders!
Here is the scheduled event risk for tomorrow, which I filtered for USD, GBP, and NZD alone:
Happy trading!
I took a risk to try to “scalp” 100 pips but it is going against me.
GBP/NZD short at 2.2167
Global dairy trade auction closed this afternoon with another negative result:
NZD/USD has, as a result, lost once more its grip on that 0.65 level, and GBP/NZD has consolidated its stay above 2.22…
It will be interesting to see how the Kiwi will move during the Asian session tonight, given also that NZ (un)employment data will precede it and Gov. Wheeler is due to speak around midnight (GMT)…
I closed this position at break even.
I’m still holding a short position I opened at 2.2250 when the trade went against me this morning.
I closed the second position at +100 pips. So I did get my 100 pip “scalp” after all, although not exactly as I initially planned.
This is what the RBNZ website says that Gov. Wheeler will be talking about tonight (in less than an hour):
Do you have any idea how long before his comments are made public? I’m wondering at what time his comments may have an impact on the NZD. If the NZD takes a very big spike, I may open a position in the opposite direction and try to grab a few pips.
Sorry, Yohec, I really have no idea… It starts at 1pm (NZ time, which is GMT+13), so it may get published
by their 5pm, which would be 4am GMT, still within the Asian session…
Other than that, it is anybody’s guess.
