Quoting rusty105DislikedSo for this one, AUDNZD is the better pair , compaired to NZDUSD? RustyIgnored
BUT....there is a wide spread, like 12 pips or so.
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Quoting rusty105DislikedSo for this one, AUDNZD is the better pair , compaired to NZDUSD? RustyIgnored
Quoting mohsen57DislikedBut aud/nzd has 15 pips spread in most brokers which it make it hard to trade if you get even 10 pips SL, you will lose 25 pips, but if you trade NZD/USD which is 4 pips in most broker, if you lose that will only 14 pips, but you gain smaller but much safer, maybe i'm wrong so please correct me, thanksIgnored
Quoting mohsen57DislikedBut aud/nzd has 15 pips spread in most brokers which it make it hard to trade if you get even 10 pips SL, you will lose 25 pips, but if you trade NZD/USD which is 4 pips in most broker, if you lose that will only 14 pips, but you gain smaller but much safer, maybe i'm wrong so please correct me, thanksIgnored
Quoting MoneyMa$terDislikedmohsen57,
I absolutely respect your way of thinking, in terms of what you might lose. I prefer thinking in terms of what I stand to gain. But to each his own. Much respect.Ignored
Quoting jamesr24DislikedI agree with you, pips is the name of the game baby!!! IN looking at the past Retail sales on aud/nzd it looks like it consistantly moves 50+ pips in one direction or the other. You seeing the same...Ignored
Quoting mohsen57Dislikedyea, i accept your idea, and it is cool, so would you tell me will you go short on this pair or long and why...?
ThanksIgnored
Quoting MoneyMa$terDislikedMy trade will go with the market direction established by the 4:45 pm est (21:45 gmt) retail sales announcement.
It's like when most women are pregnant, the mother just wants a healthy baby; they don't really care if it's a boy or a girl (in some cultures). Similarly, I don't really care which way the market goes, I just want a healthy 60-90 pip move.Ignored