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NZD/USD

  • #3,341
  • Mar 5, 2014 8:44am Mar 5, 2014 8:44am
I have waited days to enter short. I got in at 0.84ish on 2 accounts. Sure wish I could caught the break to 0.843x...oh well im still holding. Fingers crossed. Did not expect bad numbers from the US. Story of my trading life. Getting in too early. Smh.
  • #3,342
  • Mar 5, 2014 9:32am Mar 5, 2014 9:32am
Bored.....
  • #3,343
  • Mar 5, 2014 9:54am Mar 5, 2014 9:54am
This flirting with the resistance is making me nervous..
There are those who know, and there are those who don't know.
  • #3,344
  • Mar 5, 2014 10:22am Mar 5, 2014 10:22am
Ill be honest. Got short on bearish daily shooting star. If we close above the wick resistance...well I was wrong and will be getting out. Thoughts?
  • #3,345
  • Mar 5, 2014 10:27am Mar 5, 2014 10:27am
It might be fear of losing trade. But this mofo feels bid.
  • #3,346
  • Mar 5, 2014 10:31am Mar 5, 2014 10:31am
Quoting willismd
Ill be honest. Got short on bearish daily shooting star. If we close above the wick resistance...well I was wrong and will be getting out. Thoughts?

Hold your SL at 8440 and go make some popcorn. It's gonna take a while. If the 1H candle closes with a doji star, the probabilities are in your favor.
  • #3,347
  • Mar 5, 2014 10:51am Mar 5, 2014 10:51am
Quoting palabara
This flirting with the resistance is making me nervous..
You know what to do. Only you can stop the pain.
Make your losses in demo. Earn your profits live.
  • #3,348
  • Mar 5, 2014 10:57am Mar 5, 2014 10:57am
Quoting suchpips
{quote} Hold your SL at 8440 and go make some popcorn. It's gonna take a while. If the 1H candle closes with a doji star, the probabilities are in your favor.
Or bearish like we see =)
  • #3,349
  • Mar 5, 2014 10:58am Mar 5, 2014 10:58am
Quoting Forexia
{quote} You know what to do. Only you can stop the pain.
Lol! You'd love that wouldn't you!
There are those who know, and there are those who don't know.
  • #3,350
  • Mar 5, 2014 11:03am Mar 5, 2014 11:03am
Quoting suchpips
{quote} Hold your SL at 8440 and go make some popcorn. It's gonna take a while. If the 1H candle closes with a doji star, the probabilities are in your favor.
Doesn't have to be a doji- a nice significant bearish candle will do too. On a daily chart the battle is to close under 0.843 so on the next day to expect another try to break above or eventually a break down. Most of the traders here are nervous because they are already in a trade. Though technically it isn't wrong I have the feeling that really good opportunities for short are to come.
  • #3,351
  • Mar 5, 2014 11:03am Mar 5, 2014 11:03am
ME at the moment..
Attached Image (click to enlarge)
Click to Enlarge Name: Sell.png Size: 26 KB
There are those who know, and there are those who don't know.
  • #3,352
  • Mar 5, 2014 11:05am Mar 5, 2014 11:05am
Quoting palabara
ME at the moment.. {image}
Hahahah, trader's everyday life =D
  • #3,353
  • Mar 5, 2014 11:12am Mar 5, 2014 11:12am
Quoting suchpips
{quote} Hahahah, trader's everyday life =D
If you can only Rob forex like a bank.. Empty the money into my account NOW! and I want it withdrawalable and I want to trade with no SWAPS, and If you screw me Oh I will come back!

AND NO COMMISSIONS!!
There are those who know, and there are those who don't know.
  • #3,354
  • Mar 5, 2014 11:14am Mar 5, 2014 11:14am
Quoting palabara
{quote} Lol! You'd love that wouldn't you!
Oh no, I forgot you wouldn't.
Make your losses in demo. Earn your profits live.
  • #3,355
  • Mar 5, 2014 11:15am Mar 5, 2014 11:15am
Quoting palabara
{quote} If you can only Rob forex like a bank.. Empty the money into my account NOW! and I want it withdrawalable and I want to trade with no SWAPS, and If you screw me Oh I will come back! AND NO COMMISSIONS!!
I thought you are holding positions long term so you should have saved tons of commissions unlike us rambunctious daytraders.
Make your losses in demo. Earn your profits live.
  • #3,356
  • Mar 5, 2014 11:21am Mar 5, 2014 11:21am
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-h1-oanda-corporation.png Size: 69 KB


might see reaction. buy stops got cleared out at 8425 according to order board
  • #3,357
  • Mar 5, 2014 11:34am Mar 5, 2014 11:34am
Quoting willismd
{image} might see reaction. buy stops got cleared out at 8425 according to order board
That is a lot of lines, what happened to simple is better? lol
There are those who know, and there are those who don't know.
  • #3,358
  • Mar 5, 2014 11:36am Mar 5, 2014 11:36am
Quoting palabara
ME at the moment.. {image}
I know where your coming from. I managed to pull some trades out with some profit in this pair and took some loses as well. It's the only pair I'm am really down on for the last month. Starting to really hate the KIWI, the value makes no logic to me and the price action seems to be totally disregarded.

Had not traded this pair for years but with valuation at the moment I thought I would jump in. When you don't understand recent behavior of a pair it's a good idea to keep away from it. I am working to scale down the size on this trade and leave it for a long run.
  • #3,359
  • Mar 5, 2014 11:38am Mar 5, 2014 11:38am
sometime they work! aaannnd sometimes they dont..ha
  • #3,360
  • Mar 5, 2014 11:39am Mar 5, 2014 11:39am
The Forex God works in its mysterious ways...

First Commandment: I am a hungry God so you shall have offerings for no any other gods but Me!!
Make your losses in demo. Earn your profits live.
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