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AUD/NZD Daily Analysis

  • #81
  • Edited 6:28pm Sep 1, 2017 5:02pm | Edited 6:28pm
Quoting T4Trade
Hello im new to this forum,I hope you all had good trading week.I am holding AN for 2 days and it is continuously going up,what is your opinion? i sold on 1.09330 i.e 203 pips loss,im hoping that it will descent now.4 hours fib shows the trade is on 38% fib level.Lets ride the journey together.
hi
we are still holding our trades on sell, we made hedging to lower the losses

i do not know how much you can over stand the up trend, is your account fat big or just small, what are your trades sizes in the sell

just see the chart

it will fall down soon

if you cannot over stand the many lots you have, either you begin closing and making martinage or ou make hedging to top for small portions

ok

for closing trades

for example

you have a loss of 50 usd in one sell trade and you can not over stand its position of 0.1 lot size as an example

close it

then make small trade of 0.01 sell and make several limit sell orders of different sizes 0.01/0.02/0.03 till you reach 0.1 with equal distances from top
and make several sell stop 0.01/0.02 till you get 0.05

now you have 0.15 lots in different locations ready for triggering and one 0.01 lot sell already excuted.

now take profit

50usd = 0.15*y points ( best for this pair)
50/0.15 = distance = 335 points = BE point

then

0.01 lot done is your indicator

any sell limit above it give it 400 to 500 points tp
any sell stop under it give it 150-250 POINTS TP

NO STOP LOSS

BY THIS ANY MOVEMENT IN THE MARKET WILL RETURN BACK YOUR CASH LOST PLUS PROFIT

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GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #82
  • Sep 2, 2017 7:09am Sep 2, 2017 7:09am
Quoting Samer1970
{quote} hi we are still holding our trades on sell, we made hedging to lower the losses i do not know how much you can over stand the up trend, is your account fat big or just small, what are your trades sizes in the sell just see the chart it will fall down soon if you cannot over stand the many lots you have, either you begin closing and making martinage or ou make hedging to top for small portions ok for closing trades for example you have a loss of 50 usd in one sell trade and you can not over stand its position of 0.1 lot size as an example...
that's how you lose all of your money

when the trend is strong, then don't go against it.

it is better to take a loss and then re-enter in the opposite direction to follow the trend than to keep holding your losing position when it goes against you 200+ pips
Don't Worry Be Happy
  • #83
  • Sep 2, 2017 7:14am Sep 2, 2017 7:14am
Quoting mrpresident
{quote} that's how you lose all of your money when the trend is strong, then don't go against it. It is better to take a loss and then re-enter in the opposite direction to follow the trend than to keep holding your losing position when it goes against you 200+ pips
if you have one account- true
but, if you have more than several accounts operating at the same time with several broker, then no you are not corrrect
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #84
  • Sep 2, 2017 7:26am Sep 2, 2017 7:26am
Quoting Samer1970
{quote} if you have one account- true but, if you have more than several accounts operating at the same time with several broker, then no you are not corrrect
you would still be losing money with multiple accounts.

If on one account you buy and hold and get profit. While on the other you sell and it goes against you. Then on a third one you buy and it goes against you even more. The total result is catastrophic failure because you can't predict with accuracy which direction the price will go.
Don't Worry Be Happy
  • #85
  • Sep 2, 2017 8:15am Sep 2, 2017 8:15am
Quoting mrpresident
{quote} you would still be losing money with multiple accounts. If on one account you buy and hold and get profit. While on the other you sell and it goes against you. Then on a third one you buy and it goes against you even more. The total result is catastrophic failure because you can't predict with accuracy which direction the price will go.

the hedge funds are saying the opposite what you are claiming here

one small account for small trades and i accept to have full lose and wiping out this account if it is required

the other two accounts are real and big and the hedge in them is 4 to 6 times larger, so if the trade is losing in the small account at which i accept and i still , then the other two will make more profits than the loose in this small account that you are monitoring in your screen -pal.
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #86
  • Sep 2, 2017 8:52am Sep 2, 2017 8:52am
thanks sameer ,I appreciate your response and I agree with mr president also not to add on more trades to it ,because this is strong trend and we don't know if it is over yet,seems like an impulse wave.so I will just let it take its descent and in the mean while ,I will trade where I find good setups rather than taking revenge from the same currency pair.i have account of 1000 $ and I took 0.02 lot ,so it is not that bad,let s see,but mean while I will take sell setup as and when it appears on this currency.

bye any chance do you guys count wave and see where are we standing right now for sure,i have indicator that shows 3 rd wave on chart but it repaints so much that it may mislead,so I really hate that indicator.im looking for better one,i tried n still trying many indicator on wave identification.
Many thanks.
  • #87
  • Sep 2, 2017 10:20am Sep 2, 2017 10:20am
Quoting Samer1970
{quote} the hedge funds are saying the opposite what you are claiming here one small account for small trades and i accept to have full lose and wiping out this account if it is required the other two accounts are real and big and the hedge in them is 4 to 6 times larger, so if the trade is losing in the small account at which i accept and i still , then the other two will make more profits than the loose in this small account that you are monitoring in your screen -pal.
sure, and what if the price reverses in the other direction in your two big accounts...then you will wipe them also in a choppy market

I've seen people lose lots of money with your thinking because they try to predict where the price will go.

ask Connors and Don on here how much money they lost because they made bad trades
Don't Worry Be Happy
  • #88
  • Sep 2, 2017 12:36pm Sep 2, 2017 12:36pm
Quoting MrPresident
{quote} sure, and what if the price reverses in the other direction in your two big accounts...then you will wipe them also in a choppy market I've seen people lose lots of money with your thinking because they try to predict where the price will go. ask Connors and Don on here how much money they lost because they made bad trades
either you are a teaser or you are just an ignorant who is really does not know forex.

trading forex my friend has something called risk.

like driving the car, there is a risk, like setting in a plane, there is a risk, like eating icecream, there is a risk.

now there are many types of getting the profit like there are many types of cars.

i like toyota car, you like bmw, it is a car at thend, and this is strategy ..... i like to get 200 points fast in the two big accounts while you like to get trend profit 1200 points.... this is called strategy of trading

do you know what does it mean hedging

it is the worst nightmare that the trader can face.

BUT, IT IS A STRATEGY HAS A RISK LIKE ANY OTHER STAREGY

DID YOU HEAR OF FUNDS HEDGE MANAGERS ... I HOPE SO.

I HAVE VISITED ONE IN ITALY B4 FEW MONTHS BACK, I WAS BEING INVITED ACTUALLY by the CEO of one funds company , all my expenses were being paid and plus the pocket money.

do you know why ?

bcz there is something called R&D in any well respected company, and that CEO whom i did not know b4 this trip was reading the FF and he found something in my ODD ideas and thinking outside the box, so he invited me with full package to stay with his IT team and to pass to them many ideas of mine , and i was really surprised how these people are making good profits from small young traders like me.

it is long story bt at the end, he has a strange staff, i sat with them for few hours monitoring them how they are trading, do you think they are trading like you or like me, so sir, they are not.

his trading staff member were from philipines , jamayka, italy, finland, egypt, dutchland , turkey...... they even do not speak the same language.

they speak only HEDGING ----------- each member in his team has ( one small real account ) connected to 2 big real fat accounts and these two accounts are connected to even bigger third account .

and believe it or not, the first trade is initiated by the human staff , then followed by the servers////

for example as i saw this , in the same dealing room, 2 officers did two different orders one sell and one buy at the same time and these 2 officers did not speak or discuss any thing, just what they do believe, as , the fillipino lady will make small trade of lets say short 0.05 in the small account , as she predicts that the price will go short, and there is nothing called trend in their terminology, only 200 points that's it. and hedging with 200 points profit or loss.

automatically the two accounts server will generate after few "minutes" if the small trade in profit a 2 on line in the same direction two trades of sizes 30 lots each, and the third bigger account with complete automation created hedging 1 trade of 10 lots.

the second officer was a man from jamayca, he did the opposite, he opened in his small account buy 0.09 lot at the same time with the fillipino lady , then the two servers were jammed and they did not open any trades after few minutes as the buy trade was wrong in loss, but the third server opened 10 lots sell .

now the surprise that i saw, they just close automatically all the trades after exactly 6 pips.

they avoid totally the trading in the news red flag hot events, the system will not allow any trades in the 4 serevers.

think, can you say that they are wrong

this is another way of trading that we retail traders do not and we are not familiar to it\

(0.09 loss + 10 lots profit + 10 lots loss + 60 lots profit + 0.05 loss ) x 6 pips after the spread was removed ( spread was 0.2) =
-5.4+600-600+3600+3 =

3597.6 usd in 8 minutes


and so on


hedging is one of the best and difficult systems.... that not any one can understands it.

i will not deny, i have wiped out so many real accounts till i have mastered the idea .

now i have built a new hedging ea , it s main aim is to trade begining from 60./== usd only.... can you believe it..... no i do not think so, bcz you are just still thinking inside the box.... r/s. fib. std dev., ....all are ideas inside the box and all are trying to predict future.
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #89
  • Sep 2, 2017 12:47pm Sep 2, 2017 12:47pm
Quoting MrPresident
{quote} sure, and what if the price reverses in the other direction in your two big accounts...then you will wipe them also in a choppy market I've seen people lose lots of money with your thinking because they try to predict where the price will go. ask Connors and Don on here how much money they lost because they made bad trades

here is a message from trader who was sinking in losses and once he believed in thinking outside the box , using one of my simple methods, he become in profit.

read his writings here in FF

GOODNIGHT

Attached Image
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #90
  • Sep 2, 2017 1:02pm Sep 2, 2017 1:02pm
i even developed the OsMA to suit my trading style, i created a simple indicator to the people who like trading using indicators a "SAMER1970", it is a signal confirmation indicator, I like mladen as he is helping to develop more indicators, so i tried to do so, it was really hard for me, but as i have focused on one indi, for one of my best methods that it will help making money, the result was "SAMER1970" INDICATOR AT WHICH IT IS A VERY GOOD FILTER FOR REAL TRADING

IT CAN BE COMBINED WITH PSAR .

ANYONE CAN SAY ANYHTING, BUT WHO CARES.... AT THE END, TAKE IT OR LEAVE IT....

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GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #91
  • Sep 2, 2017 1:07pm Sep 2, 2017 1:07pm
FOR AUD/NZD

IT IS GOING SOUTH

IT WAS SUPPOSED TO DO SO ON FRIDAY, BUT DUE TO NFP HI SPIKE, IT DID NOT, THIS WEEK, THERE WILL BE LESS NOISE, AND LESS EVENTS TILL TUESDAY, SO THE PAIR WILL GO SOUTH

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GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #92
  • Sep 2, 2017 1:09pm Sep 2, 2017 1:09pm
Quoting T4Trade
thanks sameer ,I appreciate your response and I agree with mr president also not to add on more trades to it ,because this is strong trend and we don't know if it is over yet,seems like an impulse wave.so I will just let it take its descent and in the mean while ,I will trade where I find good setups rather than taking revenge from the same currency pair.i have account of 1000 $ and I took 0.02 lot ,so it is not that bad,let s see,but mean while I will take sell setup as and when it appears on this currency. bye any chance do you guys count wave...
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #93
  • Sep 2, 2017 1:52pm Sep 2, 2017 1:52pm
THE OsMA standard indicator to my SAMER1970 indicator
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GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #94
  • Sep 2, 2017 4:46pm Sep 2, 2017 4:46pm
Mr. President - Coco Jambo

enjoy

https://youtu.be/cOrc37wNUqU
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #95
  • Sep 3, 2017 8:08am Sep 3, 2017 8:08am
Quoting Samer1970
FOR AUD/NZD IT IS GOING SOUTH IT WAS SUPPOSED TO DO SO ON FRIDAY, BUT DUE TO NFP HI SPIKE, IT DID NOT, THIS WEEK, THERE WILL BE LESS NOISE, AND LESS EVENTS TILL TUESDAY, SO THE PAIR WILL GO SOUTH {image}
There is a problem with your statement. You mentioned that the pair was to drop on Friday but it did not. Instead, it went up. Also, you are trying to force the price to move in your direction and that will never happen.

The reason that it didn't drop was because:

1. NZD is over valued and the market is selling it
2. AUD/NZD breached 1.102 which was a strong resistance level according to the Monthly chart

So, for the pair to start falling, it has to close on the daily chart well below 1.102. Otherwise, there is room to extend towards 1.14 according to the Monthly chart. People who are selling now might regret it when the market reverses and wipes them out.
Don't Worry Be Happy
  • #96
  • Sep 4, 2017 2:18am Sep 4, 2017 2:18am
Quoting MrPresident
{quote} There is a problem with your statement. You mentioned that the pair was to drop on Friday but it did not. Instead, it went up. Also, you are trying to force the price to move in your direction and that will never happen. The reason that it didn't drop was because: 1. NZD is over valued and the market is selling it 2. AUD/NZD breached 1.102 which was a strong resistance level according to the Monthly chart So, for the pair to start falling, it has to close on the daily chart well below 1.102. Otherwise, there is room to extend towards 1.14...
The way I see it, AUDNZD have high probability to 1.133 (strong resistance). And when it penetrate 1.133, price can go to 1.14x and above
time and patient is your strongest allies
  • #97
  • Sep 4, 2017 2:40am Sep 4, 2017 2:40am
Quoting agusj
{quote} The way I see it, AUDNZD have high probability to 1.133 (strong resistance). And when it penetrate 1.133, price can go to 1.14x and above
The fundamentals suggest that's unlikely...but price action will tell where to next...
Its all just one persons opinion
  • #98
  • Sep 4, 2017 10:20am Sep 4, 2017 10:20am
I agree with Mr.President,it has room to go high for this week because weekly candle is moving south and has crossed monthly Resistance.i wish it to fall after that oh dear Jesus.
  • #99
  • Sep 4, 2017 11:35am Sep 4, 2017 11:35am
Quoting T4Trade
I agree with Mr.President,it has room to go high for this week because weekly candle is moving south and has crossed monthly Resistance.i wish it to fall after that oh dear Jesus.
AS ON TODAY THE PRICE WENT DOWN, AND COULD NOT BREAK THE TOP YET, IT IS STILL EXPECTED TO GO FOR 1.09500

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GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #100
  • Sep 4, 2017 1:17pm Sep 4, 2017 1:17pm
Quoting Samer1970
{quote} AS ON TODAY THE PRICE WENT DOWN, AND COULD NOT BREAK THE TOP YET, IT IS STILL EXPECTED TO GO FOR 1.09500 {image}

wouldn't the news reverse it to an uptrend for about a day? i'm new to this pair so i'm just trying to learn.
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