https://fxww.com/nzdusd-trade-idea-initiated/ The Professional Source Mon, 05 Nov 2012 22:59:46 +0000 hourly 1 https://fxww.com/nzdusd-trade-idea-initiated/#comment-3886 Mon, 05 Nov 2012 22:59:46 +0000 http://fxww.dreamhosters.com/?p=2178#comment-3886 I am with Super K that timing is not convincing. But from different angle. In a sense NZD/USD has similar flavor to AUD/USD. AUD/USD is trying to get another push towards 1.04 region. I think both pairs are decent short candidates, but I have a feel that we might see better (higher) levels to short from.

]]> https://fxww.com/nzdusd-trade-idea-initiated/#comment-3833 Mon, 05 Nov 2012 21:04:36 +0000 http://fxww.dreamhosters.com/?p=2178#comment-3833 Not a bad idea but i probably would have waited for the break below 0.8230, although, the lower daily high and low following the fresh 4 week highs is not too convincing for the bulls. An hourly close above yesterdays highs appears needed to negate this guys trade so the stop is probably well placed.

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