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NZD/USD

Break-down of a trade I was 2.5 pips away from making $7500 off of:

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instagram: stepbystepforex
#NZDUSD / H4
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NZD view

https://www.forexfactory.com/showthr...1#post12699031
COT : the precious data ignored & FX investing: mid/long term ideas
Place an order:
Buy 23.
H1
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Your profit is my work.
I see this pair heading upward when trading begins this week. price crossed fibonacci 1.618 on this 1/2 hour chart.
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toshiba Return This Year: -2.0%
Quoting Kordan
Place an order: Buy 23. H1 {image}
It was negative.
Your profit is my work.
Had 4 trades, TP 2/4 a couple of points below my TP lines when it stalled, but now still risking less on 2 SL than what I've made, and targeting per pic remaining 2 trades.
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Make to bears maybe 0.6450
Anyone plan to buy nzdusd? seems sitting near support now, but still risk to the downside maybe 181 pips more.
Traders, NZDUSD is creating a double bottom on monthly timeframe and can also create a double bottom on weekly timeframe. On daily time frame we have divergence. This can give us 3 trade opportunities: Long, Short and Then Long for extended targets
Hit the like button if you enjoyed this analysis. Thanks!

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Technical Analyst & Trader @ Vikinsa
Total manipulation of currency price by banks, US has worst 3 days of stock market in history and NZD has been steadily rising since Jan1 2020, but NZD takes a nose dive. This has nothing to do with reality, but banks ripping traders off by setting prices. Done with USD pairs. There is no system you can use or predictor, they do this all the time and it is not moored to reality.

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Watch this. It is all bullshit and there is no system, no news event or any logical analysis that will make you the money you should be. Its all as corrupt and sinister as you could possibly imagine.

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  • Post #13,752
  • Quote
  • Edited Feb 28, 2020 12:24am Feb 27, 2020 11:48pm | Edited Feb 28, 2020 12:24am
  •  dmj120
  • | Joined Jan 2020 | Status: Newbie with professional aspiration | 108 Posts
Quoting fibopedia
Anyone plan to buy nzdusd? seems sitting near support now, but still risk to the downside maybe 181 pips more.

I just took a look, thinking about buying. Kewi always been my worst pair, but with weekly and daily charts, thinking about a quick buy.

Gotta love WiFi on flights.....gives you time to sit back and contemplate
School of hard knocks
dmj120 Return This Year: 7.2%
Quoting dmj120
{quote} I just took a look, thinking about buying. Kewi always been my worst pair, but with weekly and daily charts, thinking about a quick buy. Gotta love WiFi on flights.....gives you time to sit back and contemplate

Did you get in?
Starting to spike
Do you expect a change for the Cash Rate??
It is still at 1,00%, other central banks changed it, RBNZ not yet.
We have to wait March 25th or is it possible before??
NZD new rate cut by 0,75% to 0,25% from 1%
COT : the precious data ignored & FX investing: mid/long term ideas
Looks like NZD/USD is running out of puff @ 61.8% Fib, & testing up-trending support. Will that support hold?

4 Hr chart:
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NZD/USD is making lower highs and lower lows, but no real conviction in the selling yet.

Updated 4 Hr chart:
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Agree with you. Though the prevailing sentiment is USD bullish across the board, my view is that this downside correction will soon end. My buy target is in the area of .6180. Let's see how this pans out...
Take risks: if you win, you will be happy; if you lose, you will be wise!
Quoting RodTorfulson
Total manipulation of currency price by banks, US has worst 3 days of stock market in history and NZD has been steadily rising since Jan1 2020, but NZD takes a nose dive. This has nothing to do with reality, but banks ripping traders off by setting prices. Done with USD pairs. There is no system you can use or predictor, they do this all the time and it is not moored to reality. {image}{image}{image} Watch this. It is all bullshit and there is no system, no news event or any logical analysis that will make you the money you should be. Its all as...
Yep, it's a cunningly devised system created to legally rob people of their money. And the info they freely provide is not as helpful as they would like retail traders to believe; rather, it's a weapon they use against us, making us believe it gives us an edge in the market when it is often used to lure us into a trap. The Forex market is filled with lies and deceit.

Nevertheless, you can win in this market! But it won't be easy.
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