GBP/NZD... this Pair is Amazing! | Page 3 | Forex Factory

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GBP/NZD... this Pair is Amazing!

  • #41
  • Sep 17, 2015 9:02pm Sep 17, 2015 9:02pm
Quoting Fx 35
Hi traders, this is my long term view to GBP/NZD. This long term trendline started back in 2001 and every time the price approached it, it reacted bearish, also there is a new fib extension level off the monthly TF that's been hit last month, so this pair can be on a sideways movement and is currently finding resistance and support from 2.45-46 to 2.40 range zone. I expect this pair to be in this consolidation zone until either break bullish or bearish, but since this pair is been on a rally for a long time, I'm more bearish until the 38.2 level...
Nice Anaylsis. Love that you're using the monthly TF. Are you an MTI student by chance? It looks like your using the ultimate charting software!
Good luck and may the odds be ever in your favor!
  • #42
  • Sep 18, 2015 5:28am Sep 18, 2015 5:28am
Quoting dbutton1990
{quote} Nice Anaylsis. Love that you're using the monthly TF. Are you an MTI student by chance? It looks like your using the ultimate charting software!
Yes you got it to pip!!! I've been about 4 years with MTI. This software is extremely good. Are you as well?

Fx 35!!!
  • #43
  • Sep 18, 2015 6:10am Sep 18, 2015 6:10am
This is my view off the 4 hrs TF. Yes we do have a pennant, but we also have a double top, 5 months upwards trendline that's been tested now, overbought conditions on the larger TFs.

Key support area is @ 2.40, if it breaks and becomes future resistance, the red line represents the monthly 38.2 level that hasn't been tested yet and also previous strong resistance zone, this would be the ultimate target for this pair on the long term, if the bears take control.

Happy pips everyone.

Fx 35.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD LONG TERM 4 HRS.png Size: 121 KB
  • #44
  • Sep 18, 2015 6:21am Sep 18, 2015 6:21am
Quoting Fx 35
{quote} Yes you got it to pip!!! I've been about 4 years with MTI. This software is extremely good. Are you as well? Fx 35!!!
Yes! I am an MTI student also!! I've been following this pair waiting for it to drop based on their GPB drop prediction. Looks like we're headed south on this pair at the current moment. I would love to see their prediction fulfilled!! Dude. We could dominate this thread!! Haha
Good luck and may the odds be ever in your favor!
  • #45
  • Sep 18, 2015 6:47am Sep 18, 2015 6:47am
Quoting dbutton1990
{quote} Yes! I am an MTI student also!! I've been following this pair waiting for it to drop based on their GPB drop prediction. Looks like we're headed south on this pair at the current moment. I would love to see their prediction fulfilled!! Dude. We could dominate this thread!! Haha
Yes, I'm a little bit aggressive on this pair, just for this month I shorted 10 times with 9 winnings and +1230 pips in the pocket, basically those are my trades, when you find a currency pair that you can understand and be profitable, stick with it and that's what I'm doing. Let's tackle this market. In the battle of man vs pips, man wins!!! You probably know who says that

Fx 35.
  • #46
  • Sep 21, 2015 9:27am Sep 21, 2015 9:27am
Buy Stop GBPNZD 2,459 S/L 2,448 T/P 2,498
  • #47
  • Sep 22, 2015 4:10am Sep 22, 2015 4:10am
Quoting halichthiep
Buy Stop GBPNZD 2,459 S/L 2,448 T/P 2,498
Thanks for the tip, but I did exactly the opposite, why should I buy on top of resistance? Were you trying to catch a breakout to the north?

This is the 4 hrs TF and demonstrate what I'm talking about, plus if you read my previous posts, you'll see that the highest probability of success is to sell to this pair. I'd only agree with you if the resistance area gets broken with a decisive bullish candle stick, then I'd cancel the sell side and look for buying opportunities, but while this doesn't happen, I'm all about selling this pair.

Happy pips everyone.

Fx 35
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD 4 HRS RESISTANCE ZONE 22 09 2015.png Size: 151 KB
  • #48
  • Sep 24, 2015 10:42am Sep 24, 2015 10:42am
GBP/NZD H1
Attached Image (click to enlarge)
Click to Enlarge Name: gn h1.png Size: 21 KB
  • #49
  • Sep 25, 2015 4:12pm Sep 25, 2015 4:12pm
I'm up +2800 pips for September just by shorting this pair, this is my favorite pair and it will be for a long time.

Happy pips everyone.

Fx 35
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD TRADES FOR SEP.png Size: 42 KB
  • #50
  • Sep 30, 2015 5:36am Sep 30, 2015 5:36am
just went long at 2.3790, look for a big pop up to 2.4038
  • #51
  • Sep 30, 2015 10:43pm Sep 30, 2015 10:43pm
Shorting this pair big time
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDDaily.png Size: 36 KB
Combat crazy markets with crazy trading
  • #52
  • Oct 1, 2015 12:31am Oct 1, 2015 12:31am
Quoting SmallPaul
just went long at 2.3790, look for a big pop up to 2.4038
Good luck trying to buy this pair, any rallies would be momentary, this pair is clearly in a downtrend, so be careful and watch your risk management.
  • #53
  • Oct 1, 2015 11:11am Oct 1, 2015 11:11am
Gbp/Nzd H1
Will the line hold...
Attached Image (click to enlarge)
Click to Enlarge Name: gn h1 10115.png Size: 25 KB
  • #54
  • Oct 3, 2015 10:03am Oct 3, 2015 10:03am
Quoting Fx 35
{quote} Good luck trying to buy this pair, any rallies would be momentary, this pair is clearly in a downtrend, so be careful and watch your risk management.

Do you know where GBPNZD‘s supporting line is now?
  • #55
  • Oct 4, 2015 6:02am Oct 4, 2015 6:02am
Interesting week ahead...
  • #56
  • Oct 4, 2015 6:27am Oct 4, 2015 6:27am
no trades in pairs,
I consider dangerous
  • #57
  • Oct 6, 2015 10:05am Oct 6, 2015 10:05am
Gbp/Nzd H1
Attached Image (click to enlarge)
Click to Enlarge Name: gn h1 oct6.png Size: 30 KB
  • #58
  • Oct 6, 2015 9:17pm Oct 6, 2015 9:17pm
I understand the whole point of not going against the trend - but i thought i'd just share this bit of information with you; maybe you could tell me how these guys trade?
https://www.zulutrade.com/trader/301411

Ignore the fact that they open up 100 positions at a time (i'm guessing purely to gain Zulutrade commission)
it's an impressive win rate
it's an impressive pip count for 4 weeks
they have had a massive draw down since inception, but it looks like it hasnt impacted the overall gains

Almost every single trade on GBPAUD since the 24th September was BUY - taking quick profits

but my question is... how do they trade like this? wouldn't it be better to go with the long term trend rather than against it?
  • #59
  • Oct 14, 2015 1:15pm Oct 14, 2015 1:15pm
price currently holding at the fib 38.2 retracement.... waiting for a close above 2.2885 to go long.... thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDproDaily-long opportunity pending.png Size: 42 KB
  • #60
  • Oct 14, 2015 1:17pm Oct 14, 2015 1:17pm
Quoting gofishin
price currently holding at the fib 38.2 retracement.... waiting for a close above 2.2885 to go long.... thoughts? {image}
NZD looks too stong - could reach 70 very soon
EURD - not very unless it rips thru
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