Monday, 23 February 2009

NZD/USD

Stop filled on Friday, so back to long NZD against the USD. Still not comfortable with this really, but if we see a move over 0.5300 will sell it again. Overall more comfortable being short than long, but need to get the right entry levels. Still think it is more of a 0.4500 to 0.5500 range now than 0.5000 to 0.6000.

There is plenty of bad news brewing for the NZD/USD. Still happy being long NZD/JPY however, and will top this up some more on dips now that the USD/JPY looks more perky.

Overall still happy with all my positions. Will update these later in the week.
Need to get Miss January posted before I run out of February!

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