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Time to sell AUD and NZD

This is a discussion on Time to sell AUD and NZD within the Forex Expert Forum section, part of the Forex Forum category; The final yearly trend reversal rise has been made in AUD and NZD.It is time to short them around -...


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Old 01-11-2008, 04:59 AM
Dr.S.Sivaraman Dr.S.Sivaraman is offline
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Join Date: Aug 2007
Posts: 49
Smile Time to sell AUD and NZD

The final yearly trend reversal rise has been made in AUD and NZD.It is time to short them around -AUD/USD 0.8947 -0.8969 area and NZD 0.7849-0.7857 area in your position trades.You can keep mental stop of 75 pips and limit of 350 pips in a fortnight to be filled.
Next trend reversal rise expected in EURO,GBP and USD/CHF - they will just firm up and reverse....but GBP will rise very big to confuse traders not to short other majors.But the operators will short heavily and drop EURO and rise GBP to reverse EURO/GBP.It is time to short it around 0.7580-0.7607 area.
Regards
Dr.Sivaraman
dr@i-knowindices.com
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