NZD/USD | Page 159 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

NZD/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies

Gbp/nzd,gbp/usd,nzd/usd analysis 3 replies

trading gbp/nzd with nzd/usd overlay 6 replies

NZD/JPY AUD/NZD basket 3 replies

Attachments: NZD/USD
Exit Attachments

NZD/USD

  • #3,161
  • Feb 27, 2014 5:45pm Feb 27, 2014 5:45pm
The countdown begins. Hope news sends me up to 84 then get ready to tumble from there.
Doc K
  • #3,162
  • Feb 27, 2014 6:03pm Feb 27, 2014 6:03pm
Highest in the last 3 years at least
  • #3,163
  • Feb 27, 2014 6:07pm Feb 27, 2014 6:07pm
Good enough
Doc K
  • #3,164
  • Feb 27, 2014 6:15pm Feb 27, 2014 6:15pm
Quoting Forexia
{quote} NZDUSD's spread can get pretty wide sometimes especially during the daily cut-off but still a 17+ spread is unacceptable. Is your trading account Delta Trading or Delta Trading ECN? And cables spread can get pretty large too.
During normal enviroment i have about 20-22 or lower, but this one got me off-guard.Besides i`m new to the NZDUSD pair i havent traded it before so i might need to adapt to it, if the spread continues to wide this much i might need to trade it on higher timeframe.

I would have won the trade if not for the spread, i`m good at scalping chart patterns, it was a very predictable situation.

I trade on the MT4 platform, which is routed through an STP.
"There's a sucker born every minute" - P.T. Barnum
  • #3,165
  • Feb 27, 2014 6:16pm Feb 27, 2014 6:16pm
Quoting Pharm0r
Highest in the last 3 years at least
highest since 1994;
  • #3,166
  • Feb 27, 2014 6:21pm Feb 27, 2014 6:21pm
Quoting Proximus
{quote} During normal enviroment i have about 20-22 or lower, but this one got me off-guard.Besides i`m new to the NZDUSD pair i havent traded it before so i might need to adapt to it, if the spread continues to wide this much i might need to trade it on higher timeframe. I would have won the trade if not for the spread, i`m good at scalping chart patterns, it was a very predictable situation. I trade on the MT4 platform, which is routed through an STP.
Here is a good trade setup for you guys with lower spread on M5, wait until the effect of the ANZ Business Confidence news goes away, then go short

If anyone with nice spread wanna trade this, you are welcome

It is a quick scalp on M5 if you are interested, but you must be quick and enter now or lose the opportunity...

Attached Image (click to enlarge)
Click to Enlarge Name: nzdusdm5.png Size: 19 KB
"There's a sucker born every minute" - P.T. Barnum
  • #3,167
  • Feb 27, 2014 6:24pm Feb 27, 2014 6:24pm
The reaction is VERY concerning for me. This is the best (by far) confidence level since 1994, and yet we gained only 30 pips or so?

My original plan was to close this once we made a new high and take the loss, but I'll wait until daily close now. This may be a repeat of the daily 1/14/14 candle.
  • #3,168
  • Feb 27, 2014 6:31pm Feb 27, 2014 6:31pm
Quoting palabara
{quote} Wonder if we got bears picking out will see in 40 mins lol. {image}
the bears went into hiding, but they are still peaking..
There are those who know, and there are those who don't know.
  • #3,169
  • Feb 27, 2014 6:36pm Feb 27, 2014 6:36pm
Quoting palabara
{quote} the bears went into hiding, but they are still peaking..
Yup that ANZ number really killed it. Now it's bulls all the way it looks like. Sorry pala.
Make your losses in demo. Earn your profits live.
  • #3,170
  • Feb 27, 2014 6:41pm Feb 27, 2014 6:41pm
Yes, I thought it would shoot much higher as well. I wonder if maybe if the increase was already priced in the past few days. Or they could be taking a break and wait for the traders in London to tell them what to do

The reaction on NZD/CAD was even less and the CDN dollar is weaker than the US
  • #3,171
  • Feb 27, 2014 6:50pm Feb 27, 2014 6:50pm
kiwi had gone insane.
obviously,plenty of traders had taken their sl last night.
just as you see,it's no worth longing any more actually.


on the opposite,also coming the opportunity,is it?
let's wait and see.
no other killers to me but emotion
  • #3,172
  • Feb 27, 2014 7:10pm Feb 27, 2014 7:10pm
vertical on the charts like a us technology nasdaq stock
  • #3,173
  • Feb 27, 2014 7:12pm Feb 27, 2014 7:12pm
84 triggered short
Patience pays off.I resisted at 70-80.Beauty of limit.Set and forget
In trading, you have to be defensive and aggressive at the same time
  • #3,174
  • Feb 27, 2014 7:16pm Feb 27, 2014 7:16pm
Quoting Davit
84 triggered short Patience pays off.I resisted at 70-80.Beauty of limit.Set and forget

  • #3,175
  • Feb 27, 2014 7:28pm Feb 27, 2014 7:28pm
Quoting Proximus
{quote} Here is a good trade setup for you guys with lower spread on M5, wait until the effect of the ANZ Business Confidence news goes away, then go short If anyone with nice spread wanna trade this, you are welcome It is a quick scalp on M5 if you are interested, but you must be quick and enter now or lose the opportunity... {image}
Hmm looks like i messed this one up, my first bad trade for today, i underestimated the remaining bulls after the release.

Its never a good time to trade around news , but now i just entered SHORT, here is my prophecy

Attached Image (click to enlarge)
Click to Enlarge Name: nzdusdm5.png Size: 22 KB


Lets see where this nasty kiwi will go...
"There's a sucker born every minute" - P.T. Barnum
  • #3,176
  • Feb 27, 2014 7:51pm Feb 27, 2014 7:51pm
Quoting Proximus
{quote} Hmm looks like i messed this one up, my first bad trade for today, i underestimated the remaining bulls after the release. Its never a good time to trade around news , but now i just entered SHORT, here is my prophecy {image} Lets see where this nasty kiwi will go...

I am thinking down down down. Whos with me?
  • #3,177
  • Feb 27, 2014 7:59pm Feb 27, 2014 7:59pm
down down down the currency = range bound
  • #3,178
  • Feb 27, 2014 8:07pm Feb 27, 2014 8:07pm
At this moment, I see nothing to suggest that it's going down, down.....

Further resistance lies @ .8450 ish, .8490 and .8550

And IF an inverted HS is plausible... maybe more?

G/L !
Attached Image (click to enlarge)
Click to Enlarge Name: chart.png Size: 42 KB
When the Joker is in the deck.. fear not and play it well
  • #3,179
  • Feb 27, 2014 8:12pm Feb 27, 2014 8:12pm
I dont mean to hell.
  • #3,180
  • Feb 27, 2014 8:31pm Feb 27, 2014 8:31pm
Quoting Rizmeister
I dont mean to hell.


I'm short G/A for a minute so I suppose I'm just trying to cover (myself) in
some way.

Happy trading
When the Joker is in the deck.. fear not and play it well
7 traders viewing now