Comments on: Trade ideas for Tuesday November 26th

By: rahul

rahul — Tue, 26 Nov 2013 05:07:03 +0000

i dont know about shorting the kiwi. looks really good to me. we had a fake breakout to the downside of that 0.8180-0.8400 level. with the uptrend looking strong. in my experience in such cases the upside of the range tends to be broken , so we may well test 0.8530.
anz was out with a report talking about a jan nzd rate hike. cant see any reason whatsover to short nzd. but then again, this is forex

By: Sean Lee

Sean Lee — Mon, 25 Nov 2013 23:38:56 +0000

Thanks guys. Agree Positive that buying big dips will prove fruitful eventually but its proving tricky to pick those levels.
And good idea Sydney, the best way to get an overall feel for the market is to stay involved in smalls until the lights come on

By: Sydney

Sydney — Mon, 25 Nov 2013 23:07:55 +0000

I went short USD/JPY 101.83 took profit 101.48, now shorted again 101.71 target 101.45. More like scalping really. I can’t find anything for long term.

By: Forex Positive

Forex Positive — Mon, 25 Nov 2013 22:37:30 +0000

My trade ideas for this week. Buying big dips in AUDUSD, either at 0.9040-50 or 0.8950-60.

By: Sean Lee

Sean Lee — Mon, 25 Nov 2013 22:00:47 +0000

Too small George, they can’t afford to intervene, maybe some verbal but that’s it

By: George

George — Mon, 25 Nov 2013 21:33:00 +0000

Hello Sean, I am not sure what to say about Nzd. Aud at 91 and Nzd at 82 does not make real sense. I feel in time Nzd will intervene like chf. What do u think?