Attachments: NZD/USD

NZD/USD

#6,161
Jun 29, 2014 10:13pm Jun 29, 2014 10:13pm

crazeemal
| Joined Jun 2014 | Status: Trader | 2 Posts

nzusd in H4 timeframe currently uptrend but having a retracement. current price 0.8748 and will go down to 0.8705 and then will be rise again to 0.8775. correct me if im wrong. Im using fibonaci retracement

#6,162
Jun 29, 2014 10:58pm Jun 29, 2014 10:58pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting crazeemal

Disliked

nzusd in H4 timeframe currently uptrend but having a retracement. current price 0.8748 and will go down to 0.8705 and then will be rise again to 0.8775. correct me if im wrong. Im using fibonaci retracement

Ignored

I've got 61.8 retrace smack on weekly support of 0.87.

Come with me if you want to live....

#6,163
Jun 29, 2014 11:33pm Jun 29, 2014 11:33pm

giveachance
Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts

Quoting crazeemal

Disliked

nzusd in H4 timeframe currently uptrend but having a retracement. current price 0.8748 and will go down to 0.8705 and then will be rise again to 0.8775. correct me if im wrong. Im using fibonaci retracement

Ignored

Yes it can but it is just because of the month end flows and US dollar selling. nothing spectacular abt the kiwi. data has been poor recently. after tomorrow's china pmi it may well go above 8800 which would be an excellent opportunity to sell for long term. I don't see it above 0.9000

#6,164
Jun 30, 2014 12:21am Jun 30, 2014 12:21am

crazeemal
| Joined Jun 2014 | Status: Trader | 2 Posts

Quoting giveachance

Disliked

{quote} Yes it can but it is just because of the month end flows and US dollar selling. nothing spectacular abt the kiwi. data has been poor recently. after tomorrow's china pmi it may well go above 8800 which would be an excellent opportunity to sell for long term. I don't see it above 0.9000

Ignored

So i should buy when the price at 0.8075?

#6,165
Jun 30, 2014 1:21am Jun 30, 2014 1:21am

bogus
Joined Mar 2007 | Status: Symbol | 2,788 Posts

No 4 hour close below .8753

FF journal: Peaks and Troffs

#6,166
Jun 30, 2014 1:44am Jun 30, 2014 1:44am

realjumper
Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts

FWIW: RBNZ will have to hike rates, Treasury

Doing what you like is Freedom. Liking what you do is Happiness.

#6,167
Edited 2:00am Jun 30, 2014 1:46am | Edited 2:00am

spinozagr
Joined Jun 2013 | Status: Poor Man | 1,085 Posts

one hour time frame... it is created a bullish pattern... took my profit and out

wait to break ,87350 to enter again short...

in this price the bullish pattern will be invallidated

Lets see

Good lack to all

Venceremos

The good thing with the future is that it is progressively approaching...

#6,168
Jun 30, 2014 1:54am Jun 30, 2014 1:54am

Dano12
Joined Nov 2012 | Status: Trader | 5,895 Posts

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#6,169
Jun 30, 2014 1:57am Jun 30, 2014 1:57am

spinozagr
Joined Jun 2013 | Status: Poor Man | 1,085 Posts

the bullish pattern i was talking about...

it is a signal that most probable be cancelled... but lets see

Venceremos

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The good thing with the future is that it is progressively approaching...

#6,170
Jun 30, 2014 2:07am Jun 30, 2014 2:07am

spinozagr
Joined Jun 2013 | Status: Poor Man | 1,085 Posts

Wow, in the blink of the eye the patterned has been cancelled...

the road to 88,6% fibo is free

Every upward move from now on is a good opportunity to load short

Venceremos

The good thing with the future is that it is progressively approaching...

#6,171
Jun 30, 2014 2:09am Jun 30, 2014 2:09am

duderoo1
| Joined Jul 2011 | Status: Trader | 349 Posts

Quoting spinozagr

Disliked

Wow, in the blink of the eye the patterned has been cancelled... the road to 88,6% fibo is free Every upward move from now on is a good opportunity to load short Venceremos

Ignored

Just curious which system are you copying if I have that right?

#6,172
Jun 30, 2014 2:23am Jun 30, 2014 2:23am

spinozagr
Joined Jun 2013 | Status: Poor Man | 1,085 Posts

Quoting duderoo1

Disliked

{quote} Just curious which system are you copying if I have that right?

Ignored

hi mate...

I just follow harmonic patterns with fibos, SMA, channels and stoch...

Nothing new nothing special

As simple as that...

hope that helps

Venceremos

The good thing with the future is that it is progressively approaching...

#6,173
Jun 30, 2014 3:40am Jun 30, 2014 3:40am

Expo33
Joined Aug 2013 | Status: Trader | 4,894 Posts

Closed out NU shorts and am taking a shot at NJ with what I believe to be a valid harmonic pattern

Constructive criticism and/or pats on the back always welcome

Good luck traders, may July be prosperous for all

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Pride always comes before destruction.... -Proverbs 16:18

#6,174
Jun 30, 2014 4:01am Jun 30, 2014 4:01am

spinozagr
Joined Jun 2013 | Status: Poor Man | 1,085 Posts

Quoting Expo33

Disliked

Closed out NU shorts and am taking a shot at NJ with what I believe to be a valid harmonic pattern Constructive criticism and/or pats on the back always welcome Good luck traders, may July be prosperous for all {image}

Ignored

it seems a promising trade...i have also spotted a bullish pattern... but still need confirmation with some other indi

Venceremos

The good thing with the future is that it is progressively approaching...