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NZD/USD

  • #2,621
  • Dec 9, 2013 3:32pm Dec 9, 2013 3:32pm
Daily closing below 0.83, accelerates downward departure
  • #2,622
  • Dec 10, 2013 5:34am Dec 10, 2013 5:34am
Quoting ben82
Daily closing below 0.83, accelerates downward departure
A candlestick pattern tells more about the market rather than a price level.
Yesterday was a doji continuation...Up trend is there no doubt and down trendline is being broken.

I'm not going to be greedy...TP is now 0.8349
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  • #2,623
  • Edited 7:30am Dec 10, 2013 7:10am | Edited 7:30am
Quoting Crazy-Trader
{quote} A candlestick pattern tells more about the market rather than a price level. Yesterday was a doji continuation...Up trend is there no doubt and down trendline is being broken. I'm not going to be greedy...TP is now 0.8349
You can get greedy no problem!
I have 8434 and 8543 on the radar.
  • #2,624
  • Dec 10, 2013 7:36am Dec 10, 2013 7:36am
Quoting ben82
Daily closing below 0.83, accelerates downward departure

engine started going down pretty soon 0.79 here we come !!!!!
  • #2,625
  • Dec 10, 2013 7:38am Dec 10, 2013 7:38am
Quoting Kennykhoo
{quote} engine started going down pretty soon 0.79 here we come !!!!!
go down, go go go
  • #2,626
  • Dec 10, 2013 7:59am Dec 10, 2013 7:59am
I need more people calling for bear... this will make me more confident about higher TP.

Anyway I'm a market follower... Price goes up I'm long as now.
Tomorrow market shows signs of reversal... I'll be short
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  • #2,627
  • Dec 10, 2013 9:51am Dec 10, 2013 9:51am
The pair is breaked out upward from the downtrend channel, but the upward move is not too high yet, so i think there is a chance for a long bearish move. Im shorting the pair btw.
  • #2,628
  • Dec 10, 2013 10:57am Dec 10, 2013 10:57am
Keep shorting guys... It sounds good to me.
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  • #2,629
  • Dec 10, 2013 1:33pm Dec 10, 2013 1:33pm
0.83300 slammed into the upper channel resistance
  • #2,630
  • Dec 10, 2013 3:07pm Dec 10, 2013 3:07pm
i see nzd usd bullish.h4 trend line broken and pull back best point to entery with small sl.
Attached Image (click to enlarge)
Click to Enlarge Name: nzd.JPG Size: 90 KB
  • #2,631
  • Dec 10, 2013 3:16pm Dec 10, 2013 3:16pm
The highest price established for NZDJPY in 2013 is set at 86.40-50. There would be in high likelihood another re-test of this significant price resistance. The first attempt to challenge this high should hold.

SHORT NZDJPY 86.40-50
SL 40-50pips
TP 84.00

Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPY 4hr.png Size: 86 KB
  • #2,632
  • Dec 10, 2013 9:48pm Dec 10, 2013 9:48pm
Quoting ben82
0.83300 slammed into the upper channel resistance

it indeed has hit the resistance level, and it going down now !!!
  • #2,633
  • Dec 10, 2013 11:19pm Dec 10, 2013 11:19pm
My biases for today are SELL on NZD vs CHF, JPY CAD and USD...

also, SELL on AUD/USD

but BUY on EUR, GBP vs AUD..

finally, SELL on AUD/NZD

Note: Sorry, I can't start a new thread for this post due to "impact thing"

so, i am asking your indulgence TS for posting it here.
I'm not an expert but I can read charts.
  • #2,634
  • Dec 10, 2013 11:27pm Dec 10, 2013 11:27pm
Quoting Crazy-Trader
I remain long on NZD and I have add a new long trade on pullback.
NZD is approaching a very strong resistance... a possibility of a pullback is imminent..
I'm not an expert but I can read charts.
  • #2,635
  • Dec 11, 2013 12:32am Dec 11, 2013 12:32am
Quoting Kennykhoo
{quote} it indeed has hit the resistance level, and it going down now !!!
should go to Friday 80.35

go down go go go
  • #2,636
  • Dec 11, 2013 12:49am Dec 11, 2013 12:49am
Hello NZ/US

I got it down for 0.84 2 days

that is on the Autochartist

Soon find out:nerd:
  • #2,637
  • Dec 11, 2013 4:11am Dec 11, 2013 4:11am
UPDATE!

as of 6:00pm philippine time:

14 out of 19 trades are in profit.

and i'm up 380+ pips

worst pair = -22 pips (g/a)
best pair = +93 pips (g/j)
I'm not an expert but I can read charts.
  • #2,638
  • Dec 11, 2013 4:35am Dec 11, 2013 4:35am
Quoting forexgodess
{quote} NZD is approaching a very strong resistance... a possibility of a pullback is imminent..
Yes thank you... I have closed up there.
We are now on support again @ 0.8255
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  • #2,639
  • Dec 11, 2013 4:56am Dec 11, 2013 4:56am
Quoting Crazy-Trader
{quote} Yes thank you... I have closed up there. We are now on support again @ 0.8255
0.8349 Did you write continuously wait for the target figure?
  • #2,640
  • Dec 11, 2013 5:40am Dec 11, 2013 5:40am
Quoting ben82
{quote} 0.8349 Did you write continuously wait for the target figure?
Absolutely right but I'm not subborn and I take what market is willing to offer... in this case, last night 0.8330 was the resistance... I'm not going to wish 19 pips more and wake up on the morning to see I got SL hit while I notice market couldn't push higher.
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