NZD/USD

I went long at 0.7760

short term trend is USD positive, but NZD, though it was overvalued well above 0.80, was the worst currency this week (-7.05%) and the second worst after CHF this month (losing almost 8% of its value).

I believe buyers would return on the market next week on commodities and commodities currencies, maybe after two - three days of consolidation and some more downward stop hunt potency

just simple NZD..1h...
I am waiting for break out

NZD/USD – Bias (MN): Bullish + Bearish Reversal; Bias (W1): Bullish + Bearish Reversal; Bias (D1): Bearish; Bias (Overall): Bearish


http://lcchong.files.wordpress.com/2...ng?w=837&h=380

http://lcchong.files.wordpress.com/2...ng?w=837&h=379

http://lcchong.files.wordpress.com/2...ng?w=837&h=378

thanks for the chart with analysis,i too,thinks that Nzd/Usd & Aud/Usd[back to ard 1.10 range.. ] will have the potential of Bullish reversal.for at least for 2 weeks before heading down,No?

Yes, it needs momentum to decline, so it needs to find some new resistance first.

NZD/USD opened yesterday and 2/3 of the position closed for 130 pips (2.28%) profit moments ago. The rest of the position is running a free ride with its SL at +1. At the moment TP for the rest of kiwi trade is at 0.7950. Will be acting according to the given PA.

NZD/USD – Bias (W1): Bullish + Pull Back; Bias (D1): Bearish + Rebound; Bias (Overall): Uncertain

http://lcchong.files.wordpress.com/2...ng?w=837&h=380

http://lcchong.files.wordpress.com/2...ng?w=837&h=380

A trade has been taken last week (Wednesday). Part of it has been closed ("Safe trading"). The rest closed today for another 355 pips (2.3%). Take profit point has been reached to the pip.
NET trade profit 4.5% (Profit RR - 1/4.5)

Who's riding this train ?

NZD/USD – Bias (W1): Bullish; Bias (D1): Bearish + Bullish Reversal; Bias (Overall): Bullish

http://lcchong.files.wordpress.com/2...ng?w=837&h=381

http://lcchong.files.wordpress.com/2...ng?w=837&h=381

Not a pair I would usually trade but a nice setup.
Sold at 0.7985 (green dot).

NZD/USD H4

Attached Image (click to enlarge)

NZD/USD – Bias (W1): Bullish; Bias (D1): Moderately Bullish; Bias (Overall): Bullish

http://lcchong.files.wordpress.com/2...ng?w=837&h=381

http://lcchong.files.wordpress.com/2...ng?w=837&h=380

clc4x,
Thank you so much for your work!Been very usefull to me!

hi all. my view on the pair.

man, bulls-eye! I'll update the picture when I access my PC later.

NZD/USD – Bias (W1): Bullish; Bias (D1): Bullish + Potentially Consolidating; Bias (Overall): Bullish + Potentially Consolidating

http://lcchong.files.wordpress.com/2...ng?w=837&h=381

http://lcchong.files.wordpress.com/2...ng?w=837&h=381

NZD/USD – Bias (W1): Bullish; Bias (D1): Neutral; Bias (Overall): Bullish + Retracement

http://lcchong.files.wordpress.com/2...ng?w=837&h=381

http://lcchong.files.wordpress.com/2...ng?w=837&h=381

NZD/USD – Bias (Overall): Bullish + Cautious

http://lcchong.files.wordpress.com/2...ng?w=837&h=379

I safe bet to short this puppy. Consolidating for a huge drop south....most likely into the .73's as europe will not print...or atleast delay it....and while delaying will only cause this pair to sink further south. Load up and watch it fall. This is probably the safest bet of all pairs. Look at the 4 hour chart....its a nasty short sell. Draw a trendline on the weeklies...u will see it is below the .75...it is a givien it will touch that...if not go lower by a 100 pips...putting the target around .74.

we now at weekly trendline support...
let see