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Dashboard trading EURNZD 3 replies

EURNZD 2 replies

Attachments: EURNZD
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EURNZD

Quoting rajib4
{quote} Trade closed at BE.
Could you say why you got out at BE? It seems it has about 20 pips to go short term.
Quoting renminbi
{quote} Could you say why you got out at BE? It seems it has about 20 pips to go short term.
I moved my SL to BE when I was about 30+ pips up. The price came back and hit my SL.
Quoting rajib4
{quote} I moved my SL to BE when I was about 30+ pips up. The price came back and hit my SL.
Okay I see. Good move.
Quoting renminbi
{quote} Okay I see. Good move.
I have a very similar trade on EURAUD as well. The trade is still on (haven't shared the screenshot of it though).
Quoting rajib4
{quote} I have a very similar trade on EURAUD as well. The trade is still on (haven't shared the screenshot of it though).
I would be nervous to buy EURAUD but this also seems like it should reach about 20 pips from it's current location after going through some choppy action.
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Anytime anything
EURNZD after being very bearish might have found its support. The price had a bounce at the level of 1.61600 twice. It has been having consolidation around the level of 1.61600. The buyers may wait for the price to produce a strong bullish reversal pattern to go long and push the price towards the North. The price may find its next resistance around 1.63000.
On the other hand, a bearish breakout followed by confirmation may attract the sellers to go short and drive the price towards the South. The price may find its next support around 1.59275.
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Quoting Fibonacci.bd
EURNZD after being very bearish might have found its support. The price had a bounce at the level of 1.61600 twice. It has been having consolidation around the level of 1.61600. The buyers may wait for the price to produce a strong bullish reversal pattern to go long and push the price towards the North. The price may find its next resistance around 1.63000. On the other hand, a bearish breakout followed by confirmation may attract the sellers to go short and drive the price towards the South. The price may find its next support around 1.59275....
All the EUR pairs are stalled waiting on ECB Monetary Statement and press conference, most are stuck in a weekly range, look at EURCAD

Any analysis ATM is guessing, there might be a clue in a few days if breakouts occur, what do you think?

Don't trade your heart, trade your chart!
4 Daily Signals All Time Return: na
Quoting Erebus
{quote} All the EUR pairs are stalled waiting on ECB Monetary Statement and press conference, most are stuck in a weekly range, look at EURCAD Any analysis ATM is guessing, there might be a clue in a few days if breakouts occur, what do you think?
Moneytary policy and ECB press conference are massive news events as far as EURO is concerned. The pair is trading within that support level. We must wait for a breakout. Most probably, the pair would make a move and find a direction. Let us patiently wait and watch what happens.
As expected, the pair found its support around 1.61000 zone. The H4 chart shows that the price has been heading towards the North with good bullish momentum. The buyers may look to go long in the pair upon consolidation. The chart also suggests that the price has enough space to travel towards the North. It may find its next resistance around 1.62700.
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EURNZD made a good bullish move in the H4 chart. The price had a rejection at the level of 1.63000 and made a bearish correction. The level of 1.61725 has been working as a level of support. The pair is trading around the level of 1.63000 as of writing this. If it makes a bullish breakout, the price may head towards the North and find its next resistance around 1.64350.
On the other hand, if the price produces a bearish reversal at 1.63000, the sellers may wait for a breakout at 1.61725 to go short in the pair. In case of a bearish breakout, the price may find its support around 1.60800.
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EURNZD, M15

Wait for restest
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price didn't retest the trendline
marked before dropping down.
we will wait for a retest of the
lower band of the bearish pennant.

a sell limit order at 1.62050 would suffice
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The H4 chart of EURNZD shows that the price has found its resistance at 1.63000. It had several rejections at this level. As of writing, the pair is trading around the level. If it makes a breakout, the buyers may go long upon breakout confirmation. The price may head towards the North and find its next resistance around 1.64350.
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my view is that it will try to find the higher resistance around 164.474 since it has break the line up of the previous resistance.
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Gold is my pleasure.
EURNZD made a solid bearish breakout at 1.61130. The level is significant since the price had a bounce at that level several times. The sellers may wait for the price to consolidate and produce a bearish reversal candle to go short in the pair. The price may find its next support around 1.60000. It seems that the bear may dominate in the pair for some days. Thus, the price may continue to go towards the South and make new lower low.
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EUR NZD

Simple Scalping trade on S&R set up

Tiny drawdown with trade set up at Support zone.


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Fear of losing is the #1 reason you are losing.
Quoting Pat Chiko
EUR NZD Simple Scalping trade on S&R set up Tiny drawdown with trade set up at Support zone. {image}

GBP NZD

and EUR NZD

The simplest trade set up using Support & Resistance.

Tiny drawdown only.




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Fear of losing is the #1 reason you are losing.
Quoting Pat Chiko
{quote} GBP NZD and EUR NZD The simplest trade set up using Support & Resistance. Tiny drawdown only. {image}

EUR NZD

GBP NZD.


End of the week

End of scalping.

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Fear of losing is the #1 reason you are losing.
EURNZD has been trading within an uptrending channel. The pair is trading at the resistance of that channel. Thus, the buyers may wait for the price to make a bearish correction followed by a bullish reversal pattern at the support of the channel to go long in the pair. I am eyeing on the pair to go long from the support area too.
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