Nzd/usd

Kastro_316 · Mar 7, 2006

Hey guys.

Anyone trading NZD/USD? It's pretty cheap right now, anyone buying in?

Any thoughts regarding this pair, feel free to post it.
Have a good day,
-Kastro

OfmY · Mar 7, 2006

come on guys...this week is the sale for NZD...buy it cheap with %%% discount

Kastro_316 · Mar 7, 2006

I bought in at .6474...Felt like I was shopping at Wall-mart, minus the guilty feeling

-Kastro

Ivanovich · Mar 7, 2006

I'm too scared to buy in. It's ugly. The best I could do was short the hell out of AUD/NZD.

ElectricSavant · Mar 7, 2006

Its hard to go long on this one this year....but I am watching it...

Kastro_316 · Mar 7, 2006

So far so good

Kastro_316 · Mar 8, 2006

Went long at .6474, now at .6523

I put in a trailing stop, so I might just ride it for a while.

-Kastro

OfmY · Mar 8, 2006

remember that you're playing not only for nzd but against the dollar...and if the last one goes up the nzd will be the first one goes down...at least at past

Kastro_316 · Mar 9, 2006

True...We shall see

Going to take profit at 30 pips.

-Kastro

Ivanovich · Mar 10, 2006

This down move in the Kiwi is insane. One again the market is taking things to extremes and seeing just how low they can push it - fundamentals be damned.

There's no justification for a 500 pip drop like this without any retracement. I'm looking to buy in here, but I won't dare. When the market gets this stupid, it's best to stand aside.