Jan 30, 2007

NZD/USD getting hurt

Kiwi getting hurt badly today. A friend of my was discussing this pair with me day ago with msn. I did told him that 0.6870 will be the target to wait for. But I didnt expect it to be happen before Wednesday, and I had missed this move today. Around 0.6870-75 level look good to have a scalp long for me. Anyway, congratz to you Melvin I know that you are now counting your money overthere. lol.

My cable short @1.9651 is working now,but Euro short @1.2960 still need to take some time. My short in EUR/GBP had been stopped out with T-Stop @ 0.6591 with 18pips profit . My target in set within this position was @ 0.6580, but until now the low for the day is 0.6581. Just a small pip to go to enable me for more profit gaining.

(Cable now @ 1.9618 , EUR now @ 1.2955 , EUR/GBP now @ 0.6606 , NZD/USD now @ 0.6886)

1/30 21:45 NZ Trade Balance DEC -0.785B -0.415B
1/30 21:45 NZ Imports DEC 3.64B 3.27B
1/30 21:45 NZ Exports DEC 2.85B 2.90B
1/30 22:00 US ABC Consumer Confidence 28-Jan -3 - -
1/30 23:00 FR Unemployment Change (000s) DEC -26K -20K
1/30 23:30 JN Nomura/JMMA Manufacturing PMI JAN 53.1 - -

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