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NZD/USD

  • #6,761
  • Jul 16, 2014 10:15am Jul 16, 2014 10:15am
Quoting mkvy
.8950 next target {image}
Ambitious!
Attached Image (click to enlarge)
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There is no spoon....
  • #6,762
  • Jul 16, 2014 2:28pm Jul 16, 2014 2:28pm
Just buying on another account... Small risk, massve reward..
sl .8690
tp .8950

i only ever make money manually by trading channel bounce points... All i have ever done is lost money using trendline breaks
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  • #6,763
  • Jul 16, 2014 3:49pm Jul 16, 2014 3:49pm
Quoting mkvy
Just buying on another account... Small risk, massve reward.. sl .8690 tp .8950 i only ever make money manually by trading channel bounce points... All i have ever done is lost money using trendline breaks {image}
Can you show me that channel on higher timeframe please, coz I don't see it!
There is no spoon....
  • #6,764
  • Jul 16, 2014 3:56pm Jul 16, 2014 3:56pm
Quoting Msis125125
{quote} Can you show me that channel on higher timeframe please, coz I don't see it!
This one
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  • #6,765
  • Jul 16, 2014 4:01pm Jul 16, 2014 4:01pm
Quoting mkvy
{quote} This one {image}
So you based your channel on current move? its wrong, switch to d1 or w1, and your point of view should change. Right now its just line with no support. There is a saying about KIWI going up the stars and falling down the elevator shaft. Guess where are we now?
There is no spoon....
  • #6,766
  • Jul 16, 2014 4:02pm Jul 16, 2014 4:02pm
Quoting mkvy
{quote} This one {image}
Forward thinking probabilty... Spotting a possible channel of money flow before realization of buyers... Taking profit right now is the same as buying for the bears
  • #6,767
  • Jul 16, 2014 4:04pm Jul 16, 2014 4:04pm
What you seeing is exponential triangle, that has been broken already. I see no channel. Maybe someone else do?
Attached Image
There is no spoon....
  • #6,768
  • Jul 16, 2014 4:07pm Jul 16, 2014 4:07pm
Quoting Msis125125
{quote} So you based your channel on current move? its wrong, switch to d1 or w1, and your point of view should change. Right now its just line with no support. There is a saying about KIWI going up the stars and falling down the elevator shaft. Guess where are we now?

Time will tell, but im not risking much for this trade... I can see your view on d1... So will trade if it reaches that channel as well
  • #6,769
  • Jul 16, 2014 4:08pm Jul 16, 2014 4:08pm
Quoting Msis125125
What you seeing is exponential triangle, that has been broken already. I see no channel. Maybe someone else do? {image}

Yes... But it could be the start of a nice channel in the future
  • #6,770
  • Jul 16, 2014 4:14pm Jul 16, 2014 4:14pm
Quoting mkvy
{quote} Yes... But it could be the start of a nice channel in the future
Forex is facts in analytical trading, not maybe guessing. Trade what you see, and not what might be. By giving false info here, you make people lose money. If you post show why and make sure it is valid, other wise new traders never learn.
There is no spoon....
  • #6,771
  • Jul 16, 2014 4:24pm Jul 16, 2014 4:24pm
Quoting mkvy
Just buying on another account... Small risk, massve reward.. sl .8690 tp .8950 i only ever make money manually by trading channel bounce points... All i have ever done is lost money using trendline breaks {image}
8950!!! Trader or Full pant???Show us why? With details. Its a time to learn from a real trader, pls keep going.
  • #6,772
  • Jul 16, 2014 4:47pm Jul 16, 2014 4:47pm
Quoting Msis125125
{quote} Forex is facts in analytical trading, not maybe guessing. Trade what you see, and not what might be. By giving false info here, you make people lose money. If you post show why and make sure it is valid, other wise new traders never learn.
Ok, sorry... Just my technical view with things, some nice engulfing candlesticks at that bottom... And a lovely little hammer on h 1
  • #6,773
  • Jul 16, 2014 5:20pm Jul 16, 2014 5:20pm
On the NZ side there's no data til next Wednesday night's rate decision and subsequent Balance of Trade. I'm wondering what the scheming bar stewards have got planned for this pair between now and then. Perhaps it'll just drift sideways. 24 hours * 5 days = 120 hours of boring nothingness. Probably. Still, that's not so bad.
I have no clue what I'm talking about.
  • #6,774
  • Jul 16, 2014 5:25pm Jul 16, 2014 5:25pm
Quoting mkvy
{quote} Ok, sorry... Just my technical view with things, some nice engulfing candlesticks at that bottom... And a lovely little hammer on h 1
Engulfing only valid on d1 or h4 when at extremes, I see no hammer on h1.
There is no spoon....
  • #6,775
  • Jul 16, 2014 5:26pm Jul 16, 2014 5:26pm
Quoting Boy Wonder
On the NZ side there's no data til next Wednesday night's rate decision and subsequent Balance of Trade. I'm wondering what the scheming bar stewards have got planned for this pair between now and then. Perhaps it'll just drift sideways. 24 hours * 5 days = 120 hours of boring nothingness. Probably. Still, that's not so bad.
Agree, flat is very possible due to juice depletion. But then again there is a very nice week divergence. So it might slide down flat.
There is no spoon....
  • #6,776
  • Jul 16, 2014 5:49pm Jul 16, 2014 5:49pm
I'm still short 2 lots. It has retested the bottom side of the trend line. Looks like a minor trend line break.
FF journal: Peaks and Troffs
  • #6,777
  • Jul 16, 2014 6:12pm Jul 16, 2014 6:12pm
Gidday NZ

Got a few longs under water now

Nice to ditch the freeloading shorts

It might take a few days

Maybe when the EUR bounces

we will see it crawl back again
  • #6,778
  • Jul 16, 2014 6:26pm Jul 16, 2014 6:26pm
Kiwi is still underpressure gonna watch reaction in the blue zone

flat in kiwi and get married with e/u

Quoting iqyu5an
$USDX.......stucked on old supply ? http://www.youtube.com/watch?v=dlPjxz4LGak
not euphoria follower
  • #6,779
  • Jul 16, 2014 6:32pm Jul 16, 2014 6:32pm
Quoting iqyu5an
Kiwi is still underpressure gonna watch reaction in the blue zone flat in kiwi and get married with e/u {quote}
Make sure you get a pre-nup
FF journal: Peaks and Troffs
  • #6,780
  • Jul 16, 2014 6:52pm Jul 16, 2014 6:52pm
Cmon NU make the move we have to reach all down..
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