NZD/USD

looking for price to get below this demand zone on 15min so we can head into this demand zone on higher time frame. let see.

Look at this last swing from top to bottom on your 15 min mt4 feed....Tell me that isn't an algo at work.

Place at trend line on the tops all the way down.

Keep an eye on this drop. This might be the pullback a lot are waiting for as well as those trapped in AUD/USD shorts.

They might be trying to use this China news as a petty reason to drop it low.

They're full of shitt.

This was the move that was supposed to happen last Friday.

Looks poised to go to 6400 at least

The down move is extending. The path is very clear.

RBA and RBNZ or US retail #'s have to be out of this world for this to turn.

.6328

Interesting concept of an indicator, let's see how it goes with the NZD news in only 5 hours...

Just placed a short order at .6321....As you can see I stopped the down move dead in its track.



If the algo has trouble breaking through it and price goes back above my price go long

My price is going to be the stop. Place your stop @ 6318

Incredible isn't it my broker's algo is holding up the entire market just prevent my position from going positive.

edit: They failed, just broke through

NZD/USD is going south

closed the short. It's fighting me the whole way.

This is just random liquidity hunting.

I entered a smaller buy order at 6314 and what did it do....

Shot straight down a whole 5 min bar.

That last bottom bar at 63032 is where I quickly put a smaller buy entry to close a portion of the buy trade and what did it do....as you can see it stopped falling and deflected for now.

This thing is hunting for liquidity, doesn't matter what you do it's going to go the opposite way. It has all the downside it wants, but from what I saw in the earlier sessions there's a liquidity vacuum from the bar that was created on the interest rate release and that's what it wants to fill by the NY session I'm pretty sure.

I do believe the ultimate goal is to take all pairs North of where we were before the drop, but like I said there's plenty of downside that is set up for more liquidity gathering.

Either way it's going to go the opposite way for any traders that have accounts set up like me during thin hours and no activity. That's how vicious these freaking algos are. How would you like to trade this way.

Go long here

Breach 6260 close the position

very short term

I'm out

Shorting this move. stop at 62980

There may be more to this move we'll see

Edit: Good trade, but stopped out...didn't re-enter.

Watch the algo at work. Just placed a couple of short orders and it immediately turned the market. Price 6275
Lets see how far it want's to take price. This is the minute chart.

Look at it deflect.

Price wants to get through to the unfilled orders just below from the spike....but someone doesn't want my position going into positive....sneaky...

Very bearish candle forming on the weekly

Just closed a Long position at a loss. Don't ever let anyone tell you that you can't effect the market with your orders & positions. They do not know what they are talking about.

This is was @ .62655 1 min chart and 15 min

I just created what can remain a session or longer support level.

In the past I have created long-term lows that were never breached for the rest of the year.

On my 6th 2020 I let a loss run on a small account and watched over the course of a three days as price crept closer and closer. The position went into Margin Closeout and somehow created the exact AND last low (third low of the year if I remember) before one of the strongest Bull runs in EUR/USD that I remember.