A very strong storm just blew over our city and many power transmission lines fell from the heavy gust. We were left with no electricity since 10AM (10PM EST). I have been running on notebook power reserve since US GDP... By this morning (my time), I am left with 7% battery juice on my notebook 5 minutes into NZ news time.
Inspite of the low power, I managed to bag 34 pips from an instinct play - ie, I sold it at 0.6589 and bought back at 0.6555 (the support that has been playing for an hour prior to release)... Why I shorted?
Clues:
1. Very negatively Current Account
2. Very negative Trade Balance
3. no more rate hike (suggesting it is hurting their economy already...)
4. Lastly, no more "Lord of the Rings" movie sequel which was rumored to have spurred some NZ$500M worth of revenues to NZ... (joke)
Sorry I wasnt able to post this prior to news - I have very lower battery power to be online longer than 5 minutes...
Inspite of the low power, I managed to bag 34 pips from an instinct play - ie, I sold it at 0.6589 and bought back at 0.6555 (the support that has been playing for an hour prior to release)... Why I shorted?
Clues:
1. Very negatively Current Account
2. Very negative Trade Balance
3. no more rate hike (suggesting it is hurting their economy already...)
4. Lastly, no more "Lord of the Rings" movie sequel which was rumored to have spurred some NZ$500M worth of revenues to NZ... (joke)
Sorry I wasnt able to post this prior to news - I have very lower battery power to be online longer than 5 minutes...