Got home yesterday, watched the rest of Super Bowl and went over newspapers that accumulated in my absence. The game received a lot of coverage, as always, including this interesting tidbit. The shortest commercial ever in Super Bowl history was purchased by “Ivar’s”, a local fast food company, specializing in seafood. This one was to be only half of the previous record holder. Can anybody guess how long the commercial was supposed to be? Half of one second(0.5 s). There is no typing error, not this time at least, commercial’s length was comparable to a blink of an eye. Cost was not disclosed. I’m not sure if it was to be broadcasted nationwide, or during a local segment assigned to each of NBC affiliates, but in case you missed it (pretty much a certainty) it can be viewed at your leisure on the said company web site. How silly is it? Apart from setting a dubious record, what purpose would this serve? Perhaps only a little bit of publicity based on how ridiculous it is. Wonder how long it took somebody to come up with this idea.
GBP-CHF retraced a good deal, so I’m placing a buy order on 4H chart just like indicated yesterday.
Order is at 1,6960 with 500 pips objective. At the moment I don’t see trade on 1H chart, but it is possible, depending on farther price development. As of right now, 4H chart is the play.
Taking a look agai at a possible short trade in AUD-NZD. Same one discussed last week and then cancelled.
My plan is to sell it at 1.2440, with target of 1.2300-1.2310. I have a feeling Kiwi will be looking more and more attractive as the week progresses. Order I placed in CAD-JPY yesterday is still valid and no adjustment needed, but there also I will be watching for potential buys on 1H chart. All of these trades might demand waiting time, so if there is nothing interesting to report tomorrow, I’ll cover my long GBP-JPY trades for Tuesday.
Mike K.
It must have been a local add, I havn’t seen it. But then again, how can you? Half a second. Interesting.
You seem to think NZD could be ready to buy soon. For now it still looks weak. Might have to wait some time.
Michelle, good things come to those who wait…
Mike, GBP-CHF sold off, as you expected. Are you ready to start buying it again, or do you think it will get even lower for now?
It can easily go to 1.62 or so. I’ll be buying if starts moving above minor highs. Right now one is formed at about 1.6615, but this set up is weak, so I’m waiting. Busy elsewhere.
Most currencies look stuck right now. Not sure what to do. Any ideas?
When in doubt stay out.
[...] orders, Mike”, duh. Even though, the few trades in NZD pairs were not bad. In the post “Silly or what” I covered a buy in GBP-CHF. Intermediate chart, 4H, provided the set up and order was [...]
[...] post. Don’t feel the need to repeat myself, but there was one order I overlooked. Post Silly or what included analysis of AUD-NZD. It is still valid. This being Sunday, opening gaps are possible. [...]