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NZD/USD

  • #3,341
  • Mar 5, 2014 10:44am Mar 5, 2014 10:44am
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 11:32am Mar 5, 2014 11:32am
Bored.....
  • #3,343
  • Mar 5, 2014 11:54am Mar 5, 2014 11:54am
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 12:22pm Mar 5, 2014 12:22pm
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 12:27pm Mar 5, 2014 12:27pm
It might be fear of losing trade. But this mofo feels bid.
  • #3,346
  • Mar 5, 2014 12:31pm Mar 5, 2014 12:31pm
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 12:51pm Mar 5, 2014 12:51pm
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 12:57pm Mar 5, 2014 12:57pm
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 12:58pm Mar 5, 2014 12:58pm
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 1:03pm Mar 5, 2014 1:03pm
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 1:03pm Mar 5, 2014 1:03pm
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 1:05pm Mar 5, 2014 1:05pm
Quoting palabara
ME at the moment.. {image}
Hahahah, trader's everyday life =D
  • #3,353
  • Mar 5, 2014 1:12pm Mar 5, 2014 1:12pm
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 1:14pm Mar 5, 2014 1:14pm
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 1:15pm Mar 5, 2014 1:15pm
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 1:21pm Mar 5, 2014 1:21pm
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 1:34pm Mar 5, 2014 1:34pm
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 1:36pm Mar 5, 2014 1:36pm
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 1:38pm Mar 5, 2014 1:38pm
sometime they work! aaannnd sometimes they dont..ha
  • #3,360
  • Mar 5, 2014 1:39pm Mar 5, 2014 1:39pm
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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