x
husar
What is this?

This is Sparta!
It’s been a long time since I was even vaguely interested about a movie.
This time however I just can’t wait to see it! So that’s what I’m doing tonight. If the movie as a whole is at least remotely as good as previews and trailers, I think we are in for a treat! Since childhood I’ve been extremely interested in ancient history and the battle of Thermopylae always inspired me. There were other movies before, like “300 Spartans” but this one with full use of computer technology should deliver a punch! Can’t wait!
Time to trek back to my own, less majestic battles which have zero impact on history. The latest installment covered USD-NZD. I was getting ready to go short for about 100 pips to 0.6750. Well, I didn’t do anything. There was much going on in JPY crosses last Sunday, that I missed the boat on Kiwi.
By the time I remembered it, price was too close to target to bother. Shame, that would have been an easy trade.


Here is a link to the latest update of our company’s website.
http://www.spectrumforex.com/weeklycomments/03112007.html

I may have missed the last Kiwi set up, but now that the prices are pulling up there may be more opportunities. First, viewing daily charts, should the price reach 0.7000, it would create an attractive SELL with first target of 0.6750 and secondary objective of 0.6500. Risk should be less then or about 200 pips. This a 4H chart.
 

 

In other worldly developments, Liverpool eliminated Barcelona from UEFA Champions League. Does it signal resurgence of that club to it’s glory days of 1980’s?
Of course I don’t KNOW if NZD is going to get back to 0.7000 level. I will monitor it on 1H charts for earlier signs of retreat and try to go short then. Targets as of this writing will be the same. It must be understood I’m talking about a situations that is likely to take a few weeks to work itself out. Unless we have a confluence of both NZD weakness and USD strength. If that happens trade might come to a conclusion so fast as to make me fall off my horse.

Husar



 


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