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NZD/USD

  • #4,501
  • Apr 10, 2014 5:42pm Apr 10, 2014 5:42pm
Sustains below 0.8640 would open for 0.86 & 0.852, God bless bulls below that.
  • #4,502
  • Apr 10, 2014 5:46pm Apr 10, 2014 5:46pm
nice drop
Forex as Leverage
  • #4,503
  • Apr 10, 2014 6:12pm Apr 10, 2014 6:12pm
lol!
Attached Image
  • #4,504
  • Apr 10, 2014 6:22pm Apr 10, 2014 6:22pm
Quoting EmeraldEyes
lol! {image}
evergreen bulls at task.... lol
  • #4,505
  • Apr 10, 2014 6:25pm Apr 10, 2014 6:25pm
Quoting P.Action
{quote} so as a result gbp nzd. g-u n-u are in same family with G-N {image}
Yeah Gidday


Yeah love that pair also GBP/NZ

been doing EUR/NZ also

right place right time

have to be carefull

its come from 2.05 etc to nearly 1.907 in one move

Just longing from the lower levels
  • #4,506
  • Apr 10, 2014 6:41pm Apr 10, 2014 6:41pm
so 0.8650 is the new major resistance...expecting a pull-back stopping there otherwise ruffryders said it all..
  • #4,507
  • Apr 10, 2014 6:45pm Apr 10, 2014 6:45pm
Quoting P.Action
{quote} yes weekly close is so important. like i said yesterday(chart is below.). if close below 8675 bear will appear. in that situation control triangle TL. that level is .8580(this week'open.) if next week close below or near that level. there will be railway track pattern. and big drop begins. action and reaction rule. {image}
if the pressure remain the weekly signal for a sell rally
Pullback is likely for good entry..
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #4,508
  • Apr 10, 2014 7:37pm Apr 10, 2014 7:37pm
GN solid bounce/retrace from the lows
but not a fully fledged reversal YET

GN long better performance than NU short last few days, this is because of G power!
  • #4,509
  • Apr 10, 2014 9:26pm Apr 10, 2014 9:26pm
How are my fellow Bears
TP 8530 16 shorts on NU
In trading, you have to be defensive and aggressive at the same time
  • #4,510
  • Apr 10, 2014 9:28pm Apr 10, 2014 9:28pm
Quoting ruffryders
{quote} what's yous going to challenge me with? Your demo dollars? Funny kid.
I don't trade demo. asshole mind your language. just because we are talking decently with you doesn't mean you cross your lines. I will fuck you next time.
  • #4,511
  • Apr 10, 2014 9:35pm Apr 10, 2014 9:35pm
Quoting Davit
How are my fellow Bears TP 8530 16 shorts on NU
how are you my friend?? shorts from 8705 cleared at 33. one more open at 8642. I said yesterday 8678 was line of sand for the bulls and bears took it. now techs have taken it to 8622. they could have stopped at 8628 but they didn't that means there is more pain on the downside
  • #4,512
  • Edited 10:07pm Apr 10, 2014 9:36pm | Edited 10:07pm
Quoting giveachance
{quote} how are you my friend?? shorts from 8705 cleared at 33. one more open at 8642. I said yesterday 8678 was line of sand for the bulls and bears took it. now techs have taken it to 8622. they could have stopped at 8628 but they didn't that means there is more pain on the downside
I am not guru but based on economics and 200 GDP NZ can't survive above 85. Its matter of time.I gave it max 2weeks to hit my TP 8530
Profit potential is massive for me.
Stay on course.Don't listen "sky is falling" types
In trading, you have to be defensive and aggressive at the same time
  • #4,513
  • Apr 10, 2014 10:15pm Apr 10, 2014 10:15pm
Quoting Davit
{quote} I am not guru but based on economics and 200 GDP NZ can't survive above 85. Its matter of time.I gave it max 2weeks to hit my TP 8530 Profit potential is massive for me. Stay on course.Don't listen "sky is falling" types
Im looking at 0.8398 area :/ anyways... how many standard lots u open?
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #4,514
  • Apr 10, 2014 10:19pm Apr 10, 2014 10:19pm
Im shorting now based on dark cloud cover on daily... SL .. Daily high
Equities open and promptly sell off
  • #4,515
  • Apr 10, 2014 10:36pm Apr 10, 2014 10:36pm
Quoting eqshack
{quote} Im looking at 0.8398 area :/ anyways... how many standard lots u open?
Hi Egshack
I always measure profits in % and not lots or pips.
If I hit my 16 shorts TP it would be around 20% equity profit.Unlike lot of traders I risk more then 2% I often risk as much as 30%
Myth of 2% is coming from guys whose equity is above 100k.If you are less , only way to build account faster is risking more.Sure is risky but that's my preference.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #4,516
  • Apr 10, 2014 10:42pm Apr 10, 2014 10:42pm
Quoting ruffryders
{quote} yeah, thank you. I scaled down on the NU/AU exposure, hower still looking for a sweet spot for re-entry. Currently I'd prefer a slightly deeper dip before buying. {image}
buying into this dip looks preliminary, however let's wait and see. Could be a BUY soon.
  • #4,517
  • Apr 10, 2014 10:42pm Apr 10, 2014 10:42pm
thinking of shorting (might have missed the train), but max pain would be taking out these short stops around 8730+..
might go in with small position and build on the way down..
  • #4,518
  • Apr 10, 2014 10:46pm Apr 10, 2014 10:46pm
Quoting 2012mysterio
thinking of shorting (might have missed the train), but max pain would be taking out these short stops around 8730+.. might go in with small position and build on the way down..
you are not late at all but trading is inherently risky so do as you like.
In trading, you have to be defensive and aggressive at the same time
  • #4,519
  • Apr 10, 2014 10:52pm Apr 10, 2014 10:52pm
I have a long after the close of 4hr bar. I longed at .8643 my stop is .8620 im looking atleast 50 pips profit hopefully
  • #4,520
  • Apr 10, 2014 10:57pm Apr 10, 2014 10:57pm
start buying it up boys
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