$NZDUSD :Catching the falling knife?

by Gav 2010-01-26T10:50:20Z

I start to buy some Aussie dollar and looking to buy Kiwi dollar soon. Oh well, you can say I am catching the falling knives. So what? What would be the worst case if I am wrong? Got stopped out, that's it. What so tough about that? :-)

Anyway, here is 4-hr chart of NZDUSD. I am looking at few touches of the support zone, and start buying some to test the support. Let's see.

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Trader Gav — Trackback2010-01-25 23:52:45 UTC
$NZDUSD :Catching the falling knife? http://bit.ly/56G6IM
John Adams — Trackback2010-01-26 10:50:45 UTC
$NZDUSD :Catching the falling knife?: I start to buy some Aussie dollar and looking to buy Kiwi dollar soon. Oh we... http://bit.ly/86Elqu
Tweets that mention $NZDUSD :Catching the falling knife? | Gav's trading blog -- Topsy.com — Pingback2010-01-26 19:49:18 UTC
[...] This post was mentioned on Twitter by Trader Gav, John Adams. John Adams said: $NZDUSD :Catching the falling knife?: I start to buy some Aussie dollar and looking to buy Kiwi dollar soon. Oh we... http://bit.ly/86Elqu [...]

$NZDUSD :Catching the falling knife?

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