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Expo33 commented Nov 10, 2016Another thing to consider is that the Kiwi has so much less exposure to any global slowdown, at least from an export point of view. I would hazard a guess that tourism is still fairly strong as NZ seems like a pleasant option in todays "refugee" ...
New Zealand Official Cash Rate reduced to 1.75 percent
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Expo33 commented Nov 9, 2016Because the RBNZ has done EXACTLY what they said they were going to do from the time they started cutting interest rates. Try and look at the big picture instead of the spur of the moment infantile traders perspective. The RBNZ said they WILL cut ...
New Zealand Official Cash Rate reduced to 1.75 percent
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Expo33 replied Nov 3, 2016Not a very sophisticated chart, but GJ short worked out well almost instantaneously

Up and under price pattern
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Expo33 replied Nov 1, 2016For lack of a better term, fractal rejection at 7690 played out nicely
AUD/USD
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Expo33 replied Oct 30, 2016Regardless of what happened all day, ALL Yen crosses started to drop 50-100 pips EXACTLY when the news hit the wires. Probably they were all at resistance exactly at that moment.

USD/JPY Discussion
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Expo33 replied Oct 29, 2016Kiwi was unchanged? Euro was up? All Yen crosses dropped 50-100 pips on the news. Swissy only 30.
USD/JPY Discussion
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Expo33 replied Oct 29, 2016It ran into the new FBI email probe as did all Yen crosses.
USD/JPY Discussion
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Expo33 replied Oct 28, 2016Thanks mate, you as well If CAD/JPY falls off a cliff, the weekend will be extra special

Up and under price pattern
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Expo33 replied Oct 27, 2016Agree. Daily says it all. Descending TL, 200SMA, divergence. Something has to give and Mondays data orgy will start the party one way or the other. Cheers
AUD/JPY
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Expo33 replied Oct 27, 2016If you are looking for news events to be a catalyst for price action, then wait until Monday. Today's data is a pimple on the ass of what is coming on Monday. THIS is what will matter:
AUD/JPY
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Expo33 replied Oct 27, 2016My point was that it doesn't matter if the numbers were "good". Informed players know that the BOJ's attempt to "create" inflation thru their unprecedented massive Yen QE policy has been an abysmal failure. As such, no one should expect AJ to fall ...
AUD/JPY
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Expo33 replied Oct 27, 2016These better than expected numbers aren't going to change the BOJ's race to the bottom QE rhetoric. In addition, this is typically the low volume portion of the trading day. And thirdly, I would surmise that traders would be more interested in the ...
AUD/JPY
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Expo33 replied Oct 27, 2016Sorry for late response, just saw your post. For this pair a fairly small SL of 12 pips. Price originally bounced down about 15 pips so SL moved to BE.
Up and under price pattern
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Expo33 replied Oct 27, 2016Been waiting a week for this order to trigger. Some fractal symmetry, TL, previous S/R, 78.6FIB, 200SMA Short CAD/JPY from 74.50
Up and under price pattern
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Expo33 replied Oct 27, 2016Hello traders, not a recommendation, just thought I'd share one of my favorite set ups based on what I call "magnetic price areas" Not looking for major trend reversals or big moves, just looking for an area (magnetic area) where I feel there is a ...
AUD/USD
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Expo33 commented Oct 24, 2016Breaking news: Evans does lots of LSD and "sees things".
Evans says he sees three Fed rate hikes between now and end-17