crncy
Long

AudNzd long term, IH&S, s&d.

FX:AUDNZD   Australian Dollar/New Zealand Dollar
1049 15 28
4 months ago
selfexpl
4 months ago
Comment:
snapshot
4 months ago
Comment: Im long according to S&D strategy! Inverted H&S idea is additional (Another point of reference).

Related Ideas

Grzegorz_G
4 months ago
Do you have the foundamntaly arguments to reverse the trend which lasts from 2011 - as you can see with your same idea ...?
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crncy PRO Grzegorz_G
4 months ago
RBNZ have a reason to loosen up, imo. We'll see ...
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Oak
4 months ago
Aud monetary policy minutes early next week. seems like a good time for that chart to kick off.
+1 Reply
crncy PRO Oak
4 months ago
The central bank left rates at 2.25 percent, Bond yield reaction likely shows that the markets were expecting further cuts soon.
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crncy PRO crncy
4 months ago
RBNZ*
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Oak crncy
4 months ago
I'm still an amateur. To be honest, The monetary minutes can show that cuts are likely and cause the aussie to drop. Only for Risk off to kick in which would cause gold prices to jump up and indirectly cause the aussie to as well. I can think of 20 or so ways for it to happen . Don't know enough to say which is most likely.
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crncy PRO Oak
4 months ago
As u can see in the picture there are always pullbacks. But, in the longterm, i think NZD is overvalued. My risk is close below 0.993. Good luck to you.
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Oak
4 months ago
@Grzegorz_G Check out xauusd. Timing of its decline might be of use.
+1 Reply
crncy PRO Oak
4 months ago
Thanks for ur insight.
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OmegaJ
4 months ago
snapshot


Good luck
+1 Reply
crncy PRO OmegaJ
4 months ago
Lovely...Take a look at my chart again and take your time to figure it out when my idea will be wrong.
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jpvil123
2 months ago
so long term lol
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crncy PRO jpvil123
2 months ago
take a deep breath...
Reply
jpvil123 crncy
2 months ago
...
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crncy PRO jpvil123
2 months ago
OK im glad u calm down, whats so funny mr?
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