Attachments: GBP/NZD... this Pair is Amazing!

GBP/NZD... this Pair is Amazing!

#461
Dec 24, 2019 3:12pm Dec 24, 2019 3:12pm

rafael5643
| Commercial User | Joined Aug 2016 | 345 Posts

Check out my analysis of a recent 350 + pip GBPNZD movement.

Inserted Video

instagram: stepbystepforex

#462
Jan 3, 2020 12:03am Jan 3, 2020 12:03am

axecap
Joined Aug 2017 | Status: Trader | 3,293 Posts

back above the 200 MA and holding so think we are heading back up..

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Its all just one persons opinion

#463
Feb 24, 2020 2:53pm Feb 24, 2020 2:53pm

Hutch
Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts

It's amazing trading GBPNZD on a D1 chart. Here are my template and indicators if you're interested

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Attached File(s)

D1.zip 102 KB | 419 downloads

#464
Mar 13, 2020 4:37am Mar 13, 2020 4:37am

zarghami
| Joined Jul 2012 | Status: Trader | 194 Posts

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#465
Mar 13, 2020 5:34am Mar 13, 2020 5:34am

Las
| Joined Nov 2017 | Status: Trader | 1 Post

@hutch
am interested in your template but please does this one in particular repaints.

Attached File(s)

SS2009_B.ex4 4 KB | 245 downloads

#466
Mar 13, 2020 2:48pm Mar 13, 2020 2:48pm

Hutch
Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts

Quoting Las

Disliked

@hutch am interested in your template but please does this one in particular repaints.{file}

Ignored

The two SS2009 indicators repaint but it doesn't matter much on D1 charts. I would never use these indicators on anything below H4.

#467
May 15, 2020 11:47am May 15, 2020 11:47am

sagi
| Joined Jan 2017 | Status: Trader | 147 Posts

Quoting Hutch

Disliked

It's amazing trading GBPNZD on a D1 chart. Here are my template and indicators if you're interested {image} {file}

Ignored

HI, This template looks great! Can you please elaborate on who you use the indicators to get a set up?

#468
May 15, 2020 12:45pm May 15, 2020 12:45pm

Hutch
Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts

Quoting sagi

Disliked

{quote} HI, This template looks great! Can you please elaborate on who you use the indicators to get a set up?

Ignored

When the 2 SS209 are the same color and the MACD is going up/down as the case may be you have a valid buy/sell signal but not that great. You may say it's a weak signal. When, in addition of the SS2009 being the same color and the MACD going in the right direction, you get a crossover of the EMA 10/21 as represented by the arrow you get a strong signal. As you can see in my post #463 above the first signal that was a "weak signal" (candle touching the 10 EMA) was better than the "strong signal" represented by the arrow. It's only a matter of choice. Best is to close the trade when a candle closes below/above the 21 EMA as the case may be.

#469
May 18, 2020 7:55am May 18, 2020 7:55am

Gabriel13
| Joined May 2020 | Status: Trader | 10 Posts

I like to trade on this pair. One of my favorites. There is always movement on it. By the way I prefer long positions. And you? Now I have opened long too. The opening was on 2.031 on M15.

#470
May 18, 2020 7:57am May 18, 2020 7:57am

Gabriel13
| Joined May 2020 | Status: Trader | 10 Posts

I have been trading relatively recently, only a few months. Sometimes I will send here my forecasts for this currency pair. Please do not judge strictly. I am still studying. Opened on 2.031. Take profit now plased on 2.033. Stop loss is not indicated.

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#471
May 18, 2020 8:47am May 18, 2020 8:47am

Gabriel13
| Joined May 2020 | Status: Trader | 10 Posts

Unfortunately closed the deal with -415.72. What are your results?

#472
May 18, 2020 10:46am May 18, 2020 10:46am

Hutch
Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts

When any pair gets 120 pips down in one swoop it's sure amazing

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#473
May 20, 2020 10:10am May 20, 2020 10:10am

sagi
| Joined Jan 2017 | Status: Trader | 147 Posts

Quoting Hutch

Disliked

{quote} When the 2 SS209 are the same color and the MACD is going up/down as the case may be you have a valid buy/sell signal but not that great. You may say it's a weak signal. When, in addition of the SS2009 being the same color and the MACD going in the right direction, you get a crossover of the EMA 10/21 as represented by the arrow you get a strong signal. As you can see in my post #463 above the first signal that was a "weak signal" (candle touching the 10 EMA) was better than the "strong signal" represented by the arrow. It's only a matter...

Ignored

Thank you for the detailed explanation. Do you mainly trade this on a daily chart? And is the zip file the indicators /template?

#474
May 20, 2020 10:42am May 20, 2020 10:42am

Wavegarrick
Joined Sep 2017 | Status: Trader | 4,360 Posts

Hi Guys,

GN has been a very nice pair to trade. I simply love the momentum this pair has gone into. A pip raker for sure. I believe that there will be a pullback at some point, having said there is a lot of scope for further down moves with it coming off my yearly pivot resistance 1 at 2.0733. Anyway, I take it swing at a time. If you guys like I will post more of my swing trades here in the future.

Take care.
Cheers.

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Trade to trade another day

#475
May 20, 2020 10:47am May 20, 2020 10:47am

Hutch
Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts

Quoting sagi

Disliked

{quote} Thank you for the detailed explanation. Do you mainly trade this on a daily chart? And is the zip file the indicators /template?

Ignored

I mainly trade on D1 charts (80-85% of my trades) and the rest using Renko charts with high ATR pairs like all GBP pairs.
More information can be found in these links:

https://www.forexfactory.com/showthr...5#post12929395

https://www.forexfactory.com/showthr...9#post12931649

#476
May 21, 2020 5:58am May 21, 2020 5:58am

sagi
| Joined Jan 2017 | Status: Trader | 147 Posts

Quoting Hutch

Disliked

{quote} I mainly trade on D1 charts (80-85% of my trades) and the rest using Renko charts with high ATR pairs like all GBP pairs. More information can be found in these links: https://www.forexfactory.com/showthr...5#post12929395 https://www.forexfactory.com/showthr...9#post12931649

Ignored

I love trading G/N but I mainly trade it on the lower TF's. When you use the daily chart, do you look at the close of cnadle at 5 p.m. NY time, and see whether the the MACD has crossed the 0 line?

#477
May 22, 2020 10:44am May 22, 2020 10:44am

Hutch
Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts

Quoting sagi

Disliked

{quote} I love trading G/N but I mainly trade it on the lower TF's. When you use the daily chart, do you look at the close of cnadle at 5 p.m. NY time, and see whether the the MACD has crossed the 0 line?

Ignored

I stated above "Best is to close the trade when a candle closes below/above the 21 EMA as the case may be." This means that the MACD might still show that the trade is valid since it did not cross the 0 line and I should not have closed the trade. After closing the trade don't forget that if the candle was a retracement candle you could open a new trade one or a few days after if the MACD is still in the same direction. Closing a trade is always more difficult than opening one

#478
May 22, 2020 11:22am May 22, 2020 11:22am

Wavegarrick
Joined Sep 2017 | Status: Trader | 4,360 Posts

Quoting Wavegarrick

Disliked

Hi Guys, GN has been a very nice pair to trade. I simply love the momentum this pair has gone into. A pip raker for sure. I believe that there will be a pullback at some point, having said there is a lot of scope for further down moves with it coming off my yearly pivot resistance 1 at 2.0733. Anyway, I take it swing at a time. If you guys like I will post more of my swing trades here in the future. Take care. Cheers. {image}

Ignored

Subtle bullish hints with some buy trades opened, a possible swing reversal in the making. My weekly support 2 at 1.99650 holding at the moment

Have a great weekend.
Cheers

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