NZD/USD

Dxy - ive made a slight enhancement across my xy's

hello everyone I am new in this group this is my first setup i am shering you

NzdUsd Perfect Setup

Buying here with SL 0.5598 and Targeting 0.6000 area.
lFG.

if 1 more down nxy, eyes on eurnzd gbpnzd audnzd nzdusd

I am also long at NZD/USD since Friday.

i believed usd will go up on sunday....it went opposite...i was short and still I am on NZDUSD...if no changes in a few hours i will exit...

Let's see if I've still got it



Thanks for listening.

Forgot to post the real Dxy... nice calls, diddnt get my down so nothing for me

Hah. I just had a thought earlier today wondering where you went. Funny how that works… great catch mate.

Something I’ve noticed on your more (relatively) recent screenshots, a lack of a stop loss line. Do you just exit manually? Or is the stop just wide and doesn’t show on the image?

Hey how are you? In the last couple of trades I havent used a auto stop-loss mainly because it was just one or two for fun and taken off the hourly chart - but I wouldn't do that on the classic 1 minute chart scalping mode. BTW I'm thinking about returning to it, I miss this market... Life is boring without it, and I realize one thing - I was actually good at something in life, LOL !

Great man!

Lol. I'm sure you're good at many things. But yeah, your micro-precision is unmatched! Looking forward to hopefully seeing more of your posts around here again. The motivation alone from that is so powerful!

The New Zealand dollar currency pair is very attractive.
The lack of significant noise helps better focus on the trend direction. Small trading volumes provide a clearer understanding of market sentiment. Furthermore, comparing divergences between other major pairs makes it easier to predict and trade the pair NZD/USD.
What should we expect by the end of February?
The daily chart shows that the upward movement has made 300 pips since the beginning of the year. Buying also continued in February, but the price is refusing to move higher.
I would prefer to reconsider a correction or a test of the new year's opening level of 0.57555 in the next two weeks.

You can notice the trading volumes, and there are more buyers, but the price has stopped. The spring is compressed and ready to spring.

A trend that encourages entry and holding of a position for several weeks.

February 17th warns that the price caught buyers at the top and found strong bulls at the bottom, who pushed the price back up but did not exit the market. Bulls entered the market at 0.6007-0.60140 and raised the price by 40 pips. Meanwhile, an interest rate decision is expected on February 18th. A short-term price move to 0.6065 is quite possible, but the void below 0.6000 requires special attention.

If you look at the euro-dollar pair, on February 17, after the presidential day off, traders entered the market to buy, and the price remained the same.

Example of Break & Retest, in this case, the low of last week

And the lower time frame

The NZDUSD price is moving within a descending channel formed on the H4 timeframe. After a rebound from the upper boundary of this channel, the target could be its lower boundary, where the support level of 0.5746 also lies.