wasp
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kitelab said:with the GBP/NZD i'm looking for a potential long either at its current position (2.7950) or at the next low around 2.7600. See what happens just after the wkend.
wasp said:A few in play with eyes on USDMXN............
(jacinto! Where are you?!)![]()
wasp said:A few in play with eyes on USDMXN............
(jacinto! Where are you?!)![]()
wasp said:Hi mate,
I'd be inclined to agree except with the break up this morning, I think we might see the top touched first.
jacinto said:have a look. 2 charts. daily with candles, daily close only. I think tests top of rectangle, then down, then up.
j
jacinto said:hi wasp,
interesting.
I see the 11.05 being touched, but that is about it IMO. Think next stop is 10.80 ish.
a naked swinging spanish speaker![]()
wasp said:Hi Kitelab, whats your plans with the kiwi at the moment then?
kitelab said:Hi Wasp, Sorry for delay reply...bit upset that i missed my long entry by about 50 pips at around 2.7575...was hoping for a better limit buy, but lost out on about 300pips move, so will wait to see if it will retest the low. But whether it will bounce again is a different matter....was 100% confident on the first bounce!
I also missed the NOK by 100 pips, as it also did not drop as far as expected, but when dealing with such a big mover i dont like to get in too early because the risk becomes greater.
Take care Kiwi
wasp said:Hmmm, time will tell nbut don't see it going that low myself, a quick drop back from the top, then up again....
jacinto said:a wasp buzzed at the high, past the 11.05 mark. question is if it will sustain it.
so far, we have been both right on the move up.
j
wasp said:Nice break on the Turkish too...