NZD/USD | Page 307 | 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

  • #6,121
  • Jun 29, 2014 7:08am Jun 29, 2014 7:08am
Quoting spinozagr
{quote} Mate Its a matter of philosophy... money comes not from follow the trend but from finding the reverse point... the risk/reward ratio is in your favor following this kind of trading... ...i have presented some factors that in my perspective will go down this pair... of course everything is relative but with a tight stop loss the reward will be really good... Nothing more, nothing less Good lack to all Venceremos
I agree in general. However, in this case, "a tight stop" is not likely to work because the price WILL fluctuate a lot in a major SR area.

But again, it's just me. If you consider shorting good opportunities, go for it. You might make a big profit.
  • #6,122
  • Jun 29, 2014 7:40am Jun 29, 2014 7:40am
I like to see a chart from bullish .....
  • #6,123
  • Jun 29, 2014 7:53am Jun 29, 2014 7:53am
Attached Image (click to enlarge)
Click to Enlarge Name: abcdnzdusdh41.gif Size: 83 KB
  • #6,124
  • Jun 29, 2014 8:11am Jun 29, 2014 8:11am
Quoting spinozagr
Trade is about probabilities... Here are some reasons why the probabilities is in favor of loosing ground this pair 1) DXY tf1h it is clear, at least in my eyes that the dollar will be strenghten in the near future (first graph).... near to bottom channel-oversold stoch 2) DXY tf1 day... Even in the daily graph it is obvious that the dollar is in oversold area 3) nzdusd tf1 day... close under the trend line of 2014 and it seems to be overbought (second graph) 4) aud/usd which is highly corellated seems to have same characteristics thats some reasons...
I wont deny, im pretty new to forex-6months old. However iv grown to know that stochs are a pretty dependable indicator as i have been scalping with them, but i havent found the right parameters for larger time frames (4hr, daily n weekly). Help on these would be cool, as iv seen their presence on your attached graphs
  • #6,125
  • Jun 29, 2014 8:45am Jun 29, 2014 8:45am
Quoting spinozagr
{quote} really? dead or alive? hahahaha you might then take a look here http://www.mql5.com/en/signals/mt4/real?orderby=gain
That's a really interesting site spinozagr. Thanks for the link.
Ghost Rider - WWTBMD?
  • #6,126
  • Jun 29, 2014 8:51am Jun 29, 2014 8:51am
You are welcome bro...
The good thing with the future is that it is progressively approaching...
  • #6,127
  • Jun 29, 2014 9:43am Jun 29, 2014 9:43am
Quoting albchr
{quote} That's a really interesting site spinozagr. Thanks for the link.
Don't follow any of this bullshit. I think there is not even one stable, profitable signal out there. Even the best will turn out to be money burning machines. All you have to do is look up their trading history and open positions to find the hidden draw down.
Fix up, trade sharp ...
  • #6,128
  • Jun 29, 2014 10:23am Jun 29, 2014 10:23am
Quoting spinozagr
{quote} Mate Its a matter of philosophy... money comes not from follow the trend but from finding the reverse point... the risk/reward ratio is in your favor following this kind of trading... ...i have presented some factors that in my perspective will go down this pair... of course everything is relative but with a tight stop loss the reward will be really good... Nothing more, nothing less Good lack to all Venceremos
πολύ καλό μου φίλο
Συμφωνώ оn αντίστροφη σημείο
In trading, you have to be defensive and aggressive at the same time
  • #6,129
  • Jun 29, 2014 10:36am Jun 29, 2014 10:36am
Quoting Hickson
{quote} Don't follow any of this bullshit. I think there is not even one stable, profitable signal out there. Even the best will turn out to be money burning machines. All you have to do is look up their trading history and open positions to find the hidden draw down.
First, I said it was interesting and I didn't mention following anything at all...I think?

Second, (and this is meant with respect as we ramble back and forth in PM's this morning) but, apparently you haven't really spent much time researching the subject?

You see, when a link like that is provided that's what I do. Research it. As far as reliable signals go? Have a look at my last post in my corner. And that little project I only started on June 9th. It's still an infant but I plan on live trading it this week to see how it fares.

There are constants in the "structure" of PA and SR/SD. Not only can they be found, they can be exploited as well. If nothing else, the gentleman who provided that link and his TE results should at least, make you curious...no? I know I sure am

And... there really is no need for the.....colorful....language. A simple, I would not trust such things would suffice.
Ghost Rider - WWTBMD?
  • #6,130
  • Jun 29, 2014 10:43am Jun 29, 2014 10:43am
Quoting albchr
{quote} First, I said it was interesting and I didn't mention following anything at all...I think? Second, (and this is meant with respect as we ramble back and forth in PM's this morning) but, apparently you haven't really spent much time researching the subject? You see, when a link like that is provided that's what I do. Research it. As far as reliable signals go? Have a look at my last post in my corner. And that little project I only started on June 9th. It's still an infant but I plan on live trading it this week to see how it fares....
I just wanted to point that out, because I exactly know mql5 and have spent time doing research on the signals offered. They all lost money on testing. If you may find an exception tell me, but I cannot warn enough following signals on mql5.
Fix up, trade sharp ...
  • #6,131
  • Jun 29, 2014 10:49am Jun 29, 2014 10:49am
Quoting Hickson
{quote} I just wanted to point that out, because I exactly know mql5 and have spent time doing research on the signals offered. They all lost money on testing. If you may find an exception tell me, but I cannot warn enough following signals on mql5.
Oh cool. Then you're ahead of me in the research department on those signals. Will you provide me (us) with the research results you have showing they all failed? I'd be most interested in them because if the results are valid, it would save me much time looking into it myself. Much appreciated sir.
Ghost Rider - WWTBMD?
  • #6,132
  • Jun 29, 2014 11:00am Jun 29, 2014 11:00am
Quoting albchr
{quote} Oh cool. Then you're ahead of me in the research department on those signals. Will you provide me (us) with the research results you have showing they all failed? I'd be most interested in them because if the results are valid, it would save me much time looking into it myself. Much appreciated sir.
Not the signals you reach via the link, since they come and go on a frequent rate. You should just observe some for the next weeks and months. Look at their promise (claimed growth) and see how their draw down develops ... look at this for example: http://www.mql5.com/en/signals/40860

2 nd or 3 rd account I have seen from him. Now I just checked it again. Look at the draw down. Startling. More or less, all the signals on this site work like that. You are very excited coming there for the first time and reading all their amazing stats, but it turns out to be for nought in the end. Most signals I have tested are not even there any longer like http://www.mql5.com/en/signals/20440#!tab=history&page=2 for example. Think about the reason why ... they all looked good at the beginning.

And I am not saying it is impossible that there are good signals. But when it comes to mql5 you are literally walking in canalisation searching for a gram of gold.
Fix up, trade sharp ...
  • #6,133
  • Jun 29, 2014 11:25am Jun 29, 2014 11:25am
Quoting Hickson
{quote} Not the signals you reach via the link, since they come and go on a frequent rate. You should just observe some for the next weeks and months. Look at their promise (claimed growth) and see how their draw down develops ... look at this for example: http://www.mql5.com/en/signals/40860 2 nd or 3 rd account I have seen from him. Now I just checked it again. Look at the draw down. Startling. More or less, all the signals on this site work like that. You are very excited coming there for the first time and reading all their amazing...
i was referring this because one of my colleagues said that my return was high.... but mate, there is a rich content except signals you can find on this site... code if you are programmer, free indicators, interesting articles... its not only signals...
The good thing with the future is that it is progressively approaching...
  • #6,134
  • Jun 29, 2014 11:27am Jun 29, 2014 11:27am
Quoting spinozagr
{quote} i was referring this because one of my colleagues said that my return was high.... but mate, there is a rich content except signals you can find on this site... code if you are programmer, free indicators, interesting articles... its not only signals...
Yes, I understand the context. I only wanted to protect Chris from getting over excited of the returns there. It is a very deceiving performance that could lure you to subscribe to a signal there. You are right with the other things about mql5. Not the whole platform is useless of course. The articles and help for programmers can be great. So to be exact once again, I was only referring to the signals.
Fix up, trade sharp ...
  • #6,135
  • Jun 29, 2014 11:29am Jun 29, 2014 11:29am
Quoting Hickson
{quote} Not the signals you reach via the link, since they come and go on a frequent rate. You should just observe some for the next weeks and months. Look at their promise (claimed growth) and see how their draw down develops ... look at this for example: http://www.mql5.com/en/signals/40860 2 nd or 3 rd account I have seen from him. Now I just checked it again. Look at the draw down. Startling. More or less, all the signals on this site work like that. You are very excited coming there for the first time and reading all their amazing...
Max DD 48%
http://skiwhitecap3.com/funny%20cart...s/20080404.gif
In trading, you have to be defensive and aggressive at the same time
  • #6,136
  • Jun 29, 2014 11:32am Jun 29, 2014 11:32am
Quoting Davit
{quote} Max DD 48% {image}


...hahahah...good!
The good thing with the future is that it is progressively approaching...
  • #6,137
  • Edited 12:03pm Jun 29, 2014 11:51am | Edited 12:03pm
Quoting spinozagr
{quote} Mate Its a matter of philosophy... money comes not from follow the trend but from finding the reverse point...



You can burn easy, when chasing trends.

If anybody want to watch this video, very educational. No offense to anybody. But this is good to watch for those who learning.

http://forexscalping101.blogspot.com...and-trade.html
P.S. Not affiliated with those people. Bumped into this video, i think it has a lot of sense .
  • #6,138
  • Jun 29, 2014 12:03pm Jun 29, 2014 12:03pm
Quoting RabbitWolf
{quote} You can burn easy, when chasing trends. If anybody want to watch this video, very educational. No offense to anybody. But this is good to watch for those who learning. http://forexscalping101.blogspot.com...and-trade.html P.S. Not affiliated with those people. Bumped into this video, i think it has a lot of sense .
pretty bad video actually and annoying.He isn't talking about trends but late sellers and buyers.
In trading, you have to be defensive and aggressive at the same time
  • #6,139
  • Jun 29, 2014 1:01pm Jun 29, 2014 1:01pm
Quoting Hickson
{quote} Yes, I understand the context. I only wanted to protect Chris from getting over excited of the returns there. It is a very deceiving performance that could lure you to subscribe to a signal there. You are right with the other things about mql5. Not the whole platform is useless of course. The articles and help for programmers can be great. So to be exact once again, I was only referring to the signals.
What can I say buddy? A BIG For looking out for my interests. Truly a wonderful gesture.

I can assure you however that when it comes to trading (and most everything else), Chris doesn't get overly excited about anything. This isn't my first rodeo.

As spinozagr said, the content on such sites goes way beyond "calls" which I think folks are crazy to follow anyone else's really. Not so much because they could be bad calls but, A) Folks really need to learn to trade if making a living is the goal. B) Even if following a call and it's a good one, how do you know what trading "plan" the caller has in mind?

I take in information from any and all sources. I evaluate said information to see if it has any value for me. I kept what does, throw out the rest. I have found good indicators that with a bit of tweaking can be very good. The tick indies I found for my MT4 project is a good example. They were OK as is. They are much more OK now.

I look at call services like this. If you want to follow another's calls, then you actually don't want to learn to trade. As such, why not just let the caller (if you trust them that much), manage an account for you?
Ghost Rider - WWTBMD?
  • #6,140
  • Jun 29, 2014 1:23pm Jun 29, 2014 1:23pm
I have been following this discussion for a while and I would like to offer my long-term view of the NZD/USD.

Based on what I see on the chart, unless the RBNZ becomes more dovish in the near-term future, the up-trend will remain intact and new highs will be posted.


https://pinnacleresources.files.word...6-28-20141.png
Attached Image (click to enlarge)
Click to Enlarge Name: NZD Monthly 6 28 2014.PNG Size: 87 KB
18 traders viewing now