NZDCAD (Interesting pair for scalping)

[MDunleavy]

NZDCAD=(Canadian Dollar) X (New Zealand Dollar)
======================
The COT Index is the percentile of the difference between net speculative positioning and net commercial positioning measured over a specific number of weeks (either 52 or 13). A reading close to 0 suggests that a bottom is forming and a reading close to 100 suggests that a top is forming. The readings are for the actual currency, not the currency pair. For example, a reading of 100 on the Canadian Dollar suggests that the Canadian Dollar is close to a top (USDCAD close to a bottom).

Readings of 95 and higher as well as 5 and lower are in boldfaced red type to indicate potential market extremes. For example, an increasing index is bullish until the index is extreme (near 100), at which time the risk of a reversal or pause in the trend increases.(Large Speculators are Too Short US Dollars (COT) [dailyfx])

======================
"P&F NZDCAD240 Box Size 32X3 or(1.3%) HI/LO
Data 0.789 - 0.6863 ~ 4 Month ~ 119.17 Day
Database 512 records 0.78031 (Last Close)
2009-06-02 00~00
2009-09-29 04~00 (GMT+01:00) Paris
BJF Trading Group"

0.7904|~32|||_____________________________________ ___|-0.18%|15.17%
0.7872|~64|||____________________________________x ___|0.23%|14.7%
0.7840|~96|||____________________________________x _o_|0.63%|14.24%
0.7808|~128||____________________________________x _o_|1.04%|13.77%
0.7776|~16O||____________________________________x _o_|1.44%|13.3%
0.7744|~192||____________________________________x ___|1.85%|12.84%
0.7712|~224||____________________________________x ___|2.26%|12.37%
0.7680|~256||____________________________________x ___|2.66%|11.9%
0.7648|~288||____________________________________x ___|3.07%|11.44%
0.7616|~32O||____________________________________x ___|3.47%|10.97%
0.7584|~352||____________________________________x ___|3.88%|10.51%
0.7552|~384||________________x___________________x ___|4.28%|10.04%
0.7520|~416||________________x_o_____________x___x ___|4.69%|9.57%
0.7488|~448||________________x_o_____________x_o_x ___|5.1%|9.11%
0.7456|~48O||________________x_o_________x___x_o_x ___|5.5%|8.64%
0.7424|~512||________________x_o_________x_o_x_o__ ___|5.91%|8.17%
0.7392|~544||________________x_o_x_______x_o_x____ ___|6.31%|7.71%
0.7360|~576||________________x_o_x_o_____x_o_x____ ___|6.72%|7.24%
0.7328|~6O8||________________x_o_x_o_____x_o______ ___|7.12%|6.78%
0.7296|~64O||________________x_o_x_o_____x________ ___|7.53%|6.31%
0.7264|~672||________________x_o___o_x___x________ ___|7.93%|5.84%
0.7232|~7O4||________________x_____o_x_o_x________ ___|8.34%|5.38%
0.7200|~736||____________x___x_____o_x_o_x________ ___|8.75%|4.91%
0.7168|~768||____________x_o_x_____o___o_x________ ___|9.15%|4.44%
0.7136|~8OO||____________x_o_x_________o_x________ ___|9.56%|3.98%
0.7104|~832||x___________x_o___________o_x________ ___|9.96%|3.51%
0.7072|~864||__o_________x_____________o__________ ___|10.37%|3.05%
0.7040|~896||__o_x___x___x________________________ ___|10.77%|2.58%
0.7008|~928||__o_x_o_x_o_x________________________ ___|11.18%|2.11%
0.6976|~96O||__o_x_o_x_o_x________________________ ___|11.58%|1.65%
0.6944|~992||__o___o___o_x________________________ ___|11.99%|1.18%
0.6912|~1O24|__________o_x________________________ ___|12.4%|0.71%
0.6880|~1O56|__________o______________________________|12.8%|0 .25%
0.6848|~1O88|_____________________________________ ___|13.21%|-0.22%
Column|~112O|1_5_3_3_3_5_103_149_4_7_3_6_124_6_3_1 43_|
Count

[MDunleavy]

Not being able to maintain a bid-tone approaching .7400 - NZD is weakening again. Important support is formed by the .7200 handle but I wouldn't bet too much on how strong it will be in case of a re-test. It is worth watching it, though, as a break down may provide a good selling point - objectives into the .6900-.7000 zone.[dailyfx]
USD/CAD's strong rebound form 1.0448 and the subsequent break of 1.0730 resistance reaffirm the bullish case rise from 1.0205 is still in progress. At this point, intraday bias is on the upside for 1.0851 resistance first. Break will confirm rally resumption from 1.0205 and should target 1.1101 resistance next. On the downside, below 1.0638 minor support will turn intraday bias neutral first.[actionforex]

"P&F NZDCAD1440 Box Size 75X5 or(5.13%) HI/LO
Data 0.8481 - 0.6145 ~ 29 Month ~ 891 Day
Database 634 records 0.75265 (Last Close)
2007-06-20 00~00
2009-11-27 00~00 (GMT+01:00) Paris
BJF Trading Group chart"

0.8475|~75|||x___________________________________| 0.07%|37.92%
0.8400|~15O||x_o_________________________________| 0.96%|36.7%
0.8325|~225||x_o_________________________________| 1.84%|35.48%
0.8250|~3OO||x_o_________________________________| 2.72%|34.26%
0.8175|~375||__o_____x___________________________| 3.61%|33.03%
0.8100|~45O||__o_____x_o_________________________| 4.49%|31.81%
0.8025|~525||__o_____x_o_________________________| 5.38%|30.59%
0.7950|~6OO||__o_____x_o_____________________x___| 6.26%|29.37%
0.7875|~675||__o_____x_o_____________________x_o_| 7.15%|28.15%
0.7800|~75O||__o_____x_o_____________________x_o_| 8.03%|26.93%
0.7725|~825||__o_____x_o_____________________x_o_| 8.91%|25.71%
0.7650|~9OO||__o_____x_o_____________________x_o_| 9.8%|24.49%
0.7575|~975||__o_x___x_o_____________________x_o_| 10.68%|23.27%
0.7500|~1O5O|__o_x_o_x_o_x_______________x___x_o_| 11.57%|22.05%
0.7425|~1125|__o_x_o_x_o_x_o_____________x_o_x___| 12.45%|20.83%
0.7350|~12OO|__o_x_o_x_o_x_o_x___________x_o_x___| 13.34%|19.61%
0.7275|~1275|__o_x_o_x_o_x_o_x_o_____x___x_o_x___| 14.22%|18.39%
0.7200|~135O|__o___o_x_o_x_o_x_o_x___x_o_x_o_x___| 15.1%|17.17%
0.7125|~1425|______o___o_x_o_x_o_x_o_x_o_x_o_x___| 15.99%|15.95%
0.7050|~15OO|__________o_x_o_x_o_x_o_x_o_x_o_____| 16.87%|14.73%
0.6975|~1575|__________o_x_o___o_x_o_x_o_x_______| 17.76%|13.51%
0.6900|~165O|__________o_x_____o_x_o_x_o_x_______| 18.64%|12.29%
0.6825|~1725|__________o_x_____o_x_o_x_o_x_______| 19.53%|11.07%
0.6750|~18OO|__________o_x_____o_x_o_x_o_________| 20.41%|9.85%
0.6675|~1875|__________o_x_____o_x_o_x___________| 21.29%|8.62%
0.6600|~195O|__________o_x_____o___o_x___________| 22.18%|7.4%
0.6525|~2O25|__________o_x_________o_x___________| 23.06%|6.18%
0.6450|~21OO|__________o___________o_x___________| 23.95%|4.96%
0.6375|~2175|______________________o_x___________| 24.83%|3.74%
0.6300|~225O|______________________o_x___________| 25.72%|2.52%
0.6225|~2325|______________________o_x___________| 26.6%|1.3%
0.6150|~24OO|______________________o_____________| 27.48%|0.08%
0.6075|~2475|____________________________________| 28.37%|-1.14%
Column|~255O|4_175_6_1423147_5_108_14157_106_126_|
Count




BJF-Trading-Group-20091127_nzdcadMix.xls

[MDunleavy]

NZD\CAD review chart May 2010.

"P&F NZDCAD30 Box Size 25X3 or(1.03%) HI/LO
Data 0.7564 - 0.6975 ~ 2 Month ~ 60.04 Day
Database 2001 records 0.71065 (Last Close)
2010-03-25 13~00
2010-05-24 14~00 (GMT+01:00) Paris
BJF Trading Group; MDunleavy chart"


0.7575|~25|||______________+___________________|-0.15%|8.6%
0.7550|~5O|||______________x_+_________________|0. 19%|8.24%
0.7525|~75|||__________x___x_o_+_______________|0. 52%|7.89%
0.7500|~1OO||__________x_o_x_o___+_____________|0. 85%|7.53%
0.7475|~125||__________x_o_x_o_____+___________|1. 18%|7.17%
0.7450|~15O||__________x_o_x_o_______+_________|1. 51%|6.81%
0.7425|~175||__________x_o___o_________+_______|1. 84%|6.45%
0.7400|~2OO||__________x_____o___________+_____|2. 17%|6.09%
0.7375|~225||__________x_____o_x___________+___|2. 5%|5.73%
0.7350|~25O||__________x_____o_x_o___________+_|2. 83%|5.38%
0.7325|~275||__________x_____o_x_o_____________|3. 16%|5.02%
0.7300|~3OO||__________x_____o_x_o_____________|3. 49%|4.66%
0.7275|~325||__________x_____o_x_o_____________|3. 82%|4.3%
0.7250|~35O||o_________x_____o___o_____________|4. 15%|3.94%
0.7225|~375||o_____x___x_________o_____________|4. 48%|3.58%
0.7200|~4OO||o_x___x_o_x_______+_o_____x___x___|4. 81%|3.23%
0.7175|~425||o_x_o_x_o_x_____+___o_____x_o_x_o_|5. 14%|2.87%
0.7150|~45O||o_x_o_x_o_x___+_____o_x___x_o_x_o_|5. 47%|2.51%
0.7125|~475||o_x_o_x_o_x_+_______o_x_o_x_o___o_|5. 8%|2.15%
0.7100|~5OO||o_x_o___o_x_________o_x_o_x___+___|6. 13%|1.79%
0.7075|~525||o_x_____o___________o_x_o___+_____|6. 46%|1.43%
0.7050|~55O||o_x___+_____________o_x___+_______|6. 8%|1.08%
0.7025|~575||o_x_+_______________o_x_+_________|7. 13%|0.72%
0.7000|~6OO||o_+_________________o_+___________|7. 46%|0.36%
0.6975|~625||+___________________+_____________|7. 79%|0%
Column|~65O||1_8_4_5_6_1_4_5_1_5_1_6_3_5_3_3_3_|
Count||~675||1_________8_____2___5_____________|



BJF-Trading-Group_Excel_Chart

[MDunleavy]

NzdCad formed a triple top.
Trade Idea: NZD / CAD - Sell at 0.7480; Target: 0.7080; Stop: 0.7560.
In the case of failures.
Trade Idea: NZD / CAD - Sell at 0.7600; Target: 0.7080; Stop: 0.7680.

"P&F NZDCAD15 Box Size 10X3 or(0.4%) HI/LO
Data 0.7603 - 0.7416 ~ 0 Month ~ 15.01 Day
Database 1050 records 0.74688 (Last Close)
2010-07-15 22~30
2010-07-30 22~45 (GMT+01:00) Paris
BJF Trading Group MDunleavy chart"

0.7600|~1O|||____________________________________x _+_________________________|0.04%|2.48%
0.7590|~2O|||____________________________________x _o_+_______________________|0.17%|2.35%
0.7580|~3O|||____________________________________x _o___+_____________________|0.3%|2.21%
0.7570|~4O|||________________________________x___x _o_x___+___________________|0.43%|2.08%
0.7560|~5O|||__o_________________________x___x_o_x _o_x_o_x_+_________________|0.57%|1.94%
0.7550|~6O|||__o_________________________x_o_x_o_x _o_x_o_x_o_+_______________|0.7%|1.81%
0.7540|~7O|||__o_____________________x___x_o_x_o_x _o___o_x_o___+_____________|0.83%|1.67%
0.7530|~8O|||__o_____________________x_o_x_o_x_o__ ___+_o_x_o_____+___________|0.96%|1.54%
0.7520|~9O|||__o_+___________________x_o_x_o______ _+___o_x_o_______+_________|1.09%|1.4%
0.7510|~1OO||__o_x_+_________________x_o_________+ _____o_x_o_x___x___+_______|1.22%|1.27%
0.7500|~11O||__o_x_o_+_______x_______x_________+__ _____o___o_x_o_x_o___+_____|1.35%|1.13%
0.7490|~12O||__o_x_o___+_____x_o_____x_______+____ _________o_x_o_x_o_x___x___|1.49%|1%
0.7480|~13O||__o_x_o_x___+___x_o_x___x_____+______ _________o___o___o_x_o_x_o_|1.62%|0.86%
0.7470|~14O||__o_x_o_x_o___+_x_o_x_o_x___+________ _________________o_x_o_x_o_|1.75%|0.73%
0.7460|~15O||__o___o_x_o_x___x_o_x_o_x_+__________ _________________o_x_o_x_o_|1.88%|0.59%
0.7450|~16O||______o_x_o_x_o_x_o_x_o_+____________ _________________o___o_x_o_|2.01%|0.46%
0.7440|~17O||______o_x_o_x_o_x_o_x_+______________ _____________________o_+___|2.14%|0.32%
0.7430|~18O||______o___o_x_o___o_+________________ _____________________+_____|2.28%|0.19%
0.7420|~19O||__________o_______+__________________ ___________________________|2.41%|0.05%
0.7410|~2OO||_____________________________________ ___________________________|2.54%|-0.08%
Column|~21O||O_1_5_8_5_6_4_3_7_7_5_3_9_3_5_4_5_4_7 _6_3_7_6_8_3_3_3_6_4_5_5_4_|
Count|~22O|||__1__________________________________ ___________________________|



BJF Trading Group. Excel Chart. Full size.