Attachments: NZD/JPY

NZD/JPY

#261
Edited 1:11am Apr 12, 2018 12:01am | Edited 1:11am

altzspec
| Joined Jan 2013 | Status: Trader | 257 Posts

Fails to break through the support @ 78.621 as of now.
May have another bullish pullback, before attempting to punch through the support again.
Bullish momentum has been reduced.

Set your breakeven for those with bearish moves.

Next resistance: 79.138, 79.287

#262
Apr 12, 2018 2:29am Apr 12, 2018 2:29am

Mulaudfh
| Joined Apr 2018 | Status: Trader | 10 Posts

Quoting altzspec

Disliked

Fails to break through the support @ 78.621 as of now. May have another bullish pullback, before attempting to punch through the support again. Bullish momentum has been reduced. Set your breakeven for those with bearish moves. Next resistance: 79.138, 79.287

Ignored

Yes it fails to break through.. thanks for the update @altzspec i will note those resistance for bearish move

#263
Edited 5:48am Apr 12, 2018 5:30am | Edited 5:48am

altzspec
| Joined Jan 2013 | Status: Trader | 257 Posts

Reaching 79.291 (coming resistance) for a good short is highly probable within this week.
If this resistance is broken, it will move up, but this entire mega trend is still bearish.

Traders will more likely fade the move from 79.291 to 80.3++ (i.e. martingale short or whatever you call it).
Safest short area is still 80.3++ (See all my previous posts on this thread).
Get ready to short once that level is reached, or you can short from next tuesday, if you wish to.

I would say we are coming near to a golden opportunity to win a chicken.

#264
Apr 12, 2018 5:50am Apr 12, 2018 5:50am

Mulaudfh
| Joined Apr 2018 | Status: Trader | 10 Posts

Quoting altzspec

Disliked

Reaching 79.291 (coming resistance) for a good short is highly probable within this week. If this resistance is broken, it will move up, but this entire mega trend is still bearish. Traders will more likely fade the move from 79.291 to 80.3++ (i.e. martingale short or whatever you call it). Safest short area is still 80.3++ (See all my previous posts on this thread). Get ready to short once that level is reached, or you can short from next tuesday, if you wish to. I...

Ignored

Patiently waiting for the golden opportunity to win chicken

#265
Edited 12:00pm Apr 12, 2018 11:30am | Edited 12:00pm

altzspec
| Joined Jan 2013 | Status: Trader | 257 Posts

Price is now a few distance away from next resistance @ 79.294. Get ready to short or fade the move if one wishes (opinion) until 80.3.
Need a few brave souls...

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#266
Apr 12, 2018 3:09pm Apr 12, 2018 3:09pm

Mulaudfh
| Joined Apr 2018 | Status: Trader | 10 Posts

Quoting altzspec

Disliked

Price is now a few distance away from next resistance @ 79.294. Get ready to short or fade the move if one wishes (opinion) until 80.3. Need a few brave souls... {image}

Ignored

One brave soul

#267
Apr 13, 2018 2:50am Apr 13, 2018 2:50am

altzspec
| Joined Jan 2013 | Status: Trader | 257 Posts

All the best, I have moved on to another currency pair to trade.

#268
Apr 13, 2018 3:44am Apr 13, 2018 3:44am

Erebus
Joined Jul 2011 | Status: Gold Again | 10,553 Posts

the zone to trade in according to The Quarters Theory

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It takes a lot for me to IGNORE you, but you can try.

#269
Apr 13, 2018 4:09am Apr 13, 2018 4:09am

Mulaudfh
| Joined Apr 2018 | Status: Trader | 10 Posts

Quoting altzspec

Disliked

All the best, I have moved on to another currency pair to trade.

Ignored

Why did you have to move

#270
Apr 13, 2018 4:44am Apr 13, 2018 4:44am

altzspec
| Joined Jan 2013 | Status: Trader | 257 Posts

I have gained profit on this pair. Now moving on to another pair that has better rewards.
Maybe Erebus and others can follow up on this thread.

#271
Apr 15, 2018 1:01pm Apr 15, 2018 1:01pm

altzspec
| Joined Jan 2013 | Status: Trader | 257 Posts

Price for NJ has indeed dropped. But whether it will be sustained is another matter.
Just remember to protect your profits for those who have shorted it.

#272
Apr 15, 2018 1:18pm Apr 15, 2018 1:18pm

Mulaudfh
| Joined Apr 2018 | Status: Trader | 10 Posts

Quoting altzspec

Disliked

Price for NJ has indeed dropped. But whether it will be sustained is another matter. Just remember to protect your profits for those who have shorted it.

Ignored

Thank you

#273
Apr 21, 2018 11:22am Apr 21, 2018 11:22am

andoseg2
Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts

I am looking to short if the conditions are met :

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Money moves the market, not an indicator.

#274
Apr 21, 2018 11:41am Apr 21, 2018 11:41am

Mulaudfh
| Joined Apr 2018 | Status: Trader | 10 Posts

Quoting andoseg2

Disliked

I am looking to short if the conditions are met : {image}

Ignored

I totally agree with the terms and conditions for short

#275
May 4, 2018 2:44pm May 4, 2018 2:44pm

SPeedFANat1c
| Joined Apr 2017 | Status: Trader | 407 Posts

76.25 today price bounced. this matches martch 5 and 2017 november 20 . But looking at weekly chart 75.648 looks stronger. So maybe that 76.25 is not as strong and will be broken?

#276
Jun 20, 2018 5:45am Jun 20, 2018 5:45am