NZD/USD

Quoting riclater211

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{quote} Hey All, OK, price is still creeping downward. It is getting really crushed. Downside potential is looking good. Just waiting for that break. - Ric {image}

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Quoting riclater211

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{quote} Hey All, So price broke my trend line and closed inside my trade box. So I am taking a shot but it is high risk. Went Short and was filled @ 0.65399. Stop and TP are equal @ 65 pips with SL @ 0.66049 % TP @ 0.64742. That target is just above the Powerful October 26th 2018 low that catapulted the NZD up nearly 450 pips. Fingers crossed. Have a great weekend, - Ric {image}

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Quoting riclater211

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{quote} My current trade is stalling. Not sure which way it want to go so for now I will hold on. - Ric {image}

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Quoting riclater211

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{quote} Price pushed to the downside today, helping me secure 4 pips to make this a risk free trade. Now the hope is price makes it down to 0.64742 to net me 65 pips. Today's down move on NZD was partly a result of the -1.2% loss in the average price of dairy products sold at auction. Dairy is a major part of New Zealand's economy at roughly 13 billion NZD (8.5 Billion USD). That is Nearly 18% of the NZD's overall GDP. A drop of 1.2% in dairy is a 1/3 of 1% of GDP which is huge for the NZD. Retail Sales and Core Retail Sales did not fair much better....

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Quoting riclater211

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{quote} Another down move today helped me secure about 20 pips in my trade. As of this posting I am up 42 pips. I'm about 25 pips from my target. We shall see. - Ric {image}

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Quoting Expo33

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Live scalp: SL 2 PIPS TP 6 PIPS Try and get a little something in the bank before London. Timing for Trading triangles. NU 15MIN {image}

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Quoting riclater211

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{quote} Another down move today helped me secure about 20 pips in my trade. As of this posting I am up 42 pips. I'm about 25 pips from my target. We shall see. - Ric {image}

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Quoting fxwinnerz

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Ready to bounce, I am just [email protected] .6485, S.L .6474

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Quoting CactusFund

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I have been in this trade for 2 days, I went short primarily because of the dovish RBNZ, I feel this could go as low as 0.645. Right now my stop is at BE and I'm letting this run. {image}

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Quoting DailyChart

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{quote} 6218

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Quoting riclater211

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{quote} Price shot up today and closed me out with +20. Price is in need of a retrace to about 0.6620 -00.6640. Waiting for a chance for another entry. - Ric {image}

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Quoting MrPresident

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{quote} 0.65 should be solid support {image}

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Quoting MrPresident

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0.69 might be hard to exceed 0.694 is another resistance i went short, stop above 0.694, target open

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Quoting MrPresident

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{quote} more downside to come, get ready once 0.65 is cracked i'm in since way higher {quote} don't be a noob and buy just yet https://www.youtube.com/watch?v=o3Z8...&start_radio=1 {image}

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