BTC USD 84,833.9 Gold USD 4,140.83
Time now: Jun 1, 12:00 AM

Overlay technic GU & EU

Artikel saya ambik dari Kathy Lien pada 8 March 2010. Saya selalu follow analysis dari beliau. Dia bagi analysis free dan selalu muncul di Bloomberg.
Apa yang saya analisa, ramalan beliau adalah benar dan disokong juga oleh teori Overlay. Pada 1 March, gap daily mula membesar dan 8 March, Kathy meramalkan short AUDNZD (1.2981). Sekarang, AUDNZD pada 1.2714

kathy.jpg


Kathy Lien is employed as Co-Head of Global Research for Global Forex Trading, a division of Global Futures & Forex, Ltd. (GFT).

My Favorite Forex Trade: AUD/NZD
Date March 8, 2010

My favorite forex trade right now is shorting AUD/NZD.

After hitting a 9 year high of 1.3124 last week, the rally in AUD/NZD is losing steam. I should have posted about this earlier, but I think there is still room for the currency pair to fall.

Last week, the Reserve Bank of Australia raised interest rates by 25bp to 4 percent but hinted that from here on forward, they will begin to slow down their pace of tightening. Having already doled out 80 to 90 percent of their planned rate hikes, the focus will now turn to the RBNZ who has not even started to raise interest rates. Granted, the Australian economy is doing far better than the New Zealand economy, it is time for New Zealand to catch up. In January, New Zealand turned its first trade surplus after 7 months of consecutive deficits and in February, business confidence hit a 10 year high. Yes my friends, a TEN YEAR HIGH. With numbers as strong as these, the Reserve Bank of New Zealand will most likely grow more hawkish, paving the way for a rate hike later this year.

Furthermore, 25% of New Zealand’s exports go to China and 25% go to Australia. Therefore the combination of higher commodity prices and strong growth in NZ’s most important trade partners should encourage the RBNZ to adopt a more optimistic tone when they meet later this week.

Finally AUD/NZD presents a good risk reward opportunity from a technical basis. It is currently trading at 1.2975 and if it rallies back above 1.31, the uptrend has resumed. Otherwise, there is no major support in AUD/NZD until 1.2775

audnzd030810.jpg

cun gak ye kathy ni . hehe .

pandai trade pulak tu :)cgrock
 
Tips for overlay trading AUDUSD and NZDUSD

AUD/NZD is the most ranging pair. The reason is they are both secondary currencies with similar economies (commodities) and follow each other closely. When one raises rates the other follows etc. They also are in their own corner of the world together so are major trading partners. So as sales go back and forth between the two countries price keeps bouncing up and down in a tight range. Just go to the chart sometime and watch how price just bounces up and down constantly.

ada sape boleh tlg terangkan dan terjemahkan artikel di atas . dah byk kali aku ulang baca tp tak faham .

harap ada yg bantu ...
 
cun gak ye kathy ni . hehe .

pandai trade pulak tu :)cgrock
Cun.. umur baru 28 tahun, tapi dah jadi Director kat GFT Forex dan FX360. Business Graduate dari New York Universiti pada umur 18 tahun. Genius kan?
 
Mmg genius, dan brilliant, ada baca buku2 dia, tapi cetak rompak je huhuhuhu

ebook download free, belajar fundamental dari buku dia dan dan juga henry liu
 
Dalam buku atas ni ada topic correlation dan bagaimana nak kira correlation.
Banyak buku saya baca Forex Made Easy, Forex Conquered etc, tiada yang cover topic correlation.
 
Dalam buku atas ni ada topic correlation dan bagaimana nak kira correlation.
Banyak buku saya baca Forex Made Easy, Forex Conquered etc, tiada yang cover topic correlation.

yang bagusnya dia suruh kira correlation sendiri hari2 guna excel tu huhuhu

minah ni mmg terer :D
 

Latest Posts

Live Forex Chart

Currency
Rates
EUR / USD
1.12570
USD / JPY
157.835
GBP / USD
1.32430
USD / CHF
0.82836
USD / CAD
1.42465
EUR / JPY
177.675
AUD / USD
0.69390
Back
Top
Log in Register