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GBP/NZD... this Pair is Amazing!

  • #61
  • Edited 2:23pm Oct 14, 2015 1:42pm | Edited 2:23pm
Quoting Compulsive
{quote} NZD looks too stong - could reach 70 very soon EURD - not very unless it rips thru
waiting for next Fib level then...

scalp for a quick 90+ pips at the 618 retracement intra-day move
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDproM5-profits scalp towards 618 retrace.png Size: 38 KB
  • #62
  • Oct 17, 2015 10:32am Oct 17, 2015 10:32am
Quoting gofishin
{quote} waiting for next Fib level then... scalp for a quick 90+ pips at the 618 retracement intra-day move {image}
Huge space below, surely not really a scalp if its 90 pips

Looks like it could do a pull back anytime before pushing it down there ! if theres a pull back it would make the entry so much more appealing
  • #63
  • Oct 20, 2015 4:17pm Oct 20, 2015 4:17pm
Today had my first trade on GBP/NZD (still running) but i am thinking of removing this pair from my platform afterwards. The problem that i face is how much this pair can distort ones perception of pair movement. In order to cover certain levels one has to work with 100 pip SL's if not more.
Yes, you can adjust lot size accordingly but its simply not wise to trade this pair among with majors, such as eur/usd and whatnot. Personally i highly suggest if trading this pair try to stick with only this pair alone, or perhaps a small group of pairs that also consist of other heavy distance movers.
  • #64
  • Oct 21, 2015 4:25pm Oct 21, 2015 4:25pm
Quoting Robertk
Today had my first trade on GBP/NZD (still running) but i am thinking of removing this pair from my platform afterwards. The problem that i face is how much this pair can distort ones perception of pair movement. In order to cover certain levels one has to work with 100 pip SL's if not more. Yes, you can adjust lot size accordingly but its simply not wise to trade this pair among with majors, such as eur/usd and whatnot. Personally i highly suggest if trading this pair try to stick with only this pair alone, or perhaps a small group of pairs that...
That's why I'm up +3000 pips with this pair from the last 2 months, because I understand and basically only trade with this pair, I have a 95% winning ratio with gbp/nzd, so I don't mind have a S/L over +100 pips, as long my money management and risk vs reward is in play, this is pair is not for everyone, I rather trade this pair then trade eur/usd that goes up and down all the time and it doesn't give a clear directional bias. So yeh, as I said before, this pair is a beast. Trade accordingly.

Happy pips everyone.

FX 35
  • #65
  • Nov 7, 2015 8:27pm Nov 7, 2015 8:27pm
Quoting Fx 35
{quote} That's why I'm up +3000 pips with this pair from the last 2 months, because I understand and basically only trade with this pair, I have a 95% winning ratio with gbp/nzd, so I don't mind have a S/L over +100 pips, as long my money management and risk vs reward is in play, this is pair is not for everyone, I rather trade this pair then trade eur/usd that goes up and down all the time and it doesn't give a clear directional bias. So yeh, as I said before, this pair is a beast. Trade accordingly. Happy pips everyone. FX 35
how's the gbpnzd going lately?
Market is my GOD!
  • #66
  • Nov 18, 2015 3:02am Nov 18, 2015 3:02am
Quoting XXIMarketXXI
{quote} how's the gbpnzd going lately?
2.357 level failed to break under 2.339 so it seems we will continue creeping up toward 2.364, 2.375, and 2.385.

Add: and as I'm writing this MPC news hits

Add2: I'm observing whether NZD short moves to bottom out at ~0.843-0.851 for NZDCAD and 0.628-0.635 for NZDUSD. If we get some NZD long signals in those areas we could see another leg down on GN into 2.12-2.17. Of course, writing with the long-term in mind here - mid- to late- 2016 targets.
  • #67
  • Nov 18, 2015 6:15am Nov 18, 2015 6:15am
Quoting alexpi
{quote} 2.357 level failed to break under 2.339 so it seems we will continue creeping up toward 2.364, 2.375, and 2.385. Add: and as I'm writing this MPC news hits Add2: I'm observing whether NZD short moves to bottom out at ~0.843-0.851 for NZDCAD and 0.628-0.635 for NZDUSD. If we get some NZD long signals in those areas we could see another leg down on GN into 2.12-2.17. Of course, writing with the long-term in mind here - mid- to late- 2016 targets.
That said 2.349 is where I'm getting out. Wait for FOMC and retail sales
  • #68
  • Dec 5, 2015 10:37am Dec 5, 2015 10:37am
This pair is truly amazing and I've cashed in 550 pips on it since late October 2015 with just 12 trades in total. I only trade this pair. I was buying this until the bounce down off resistance at 2.35 and now I'm looking to short, if it breaks through current support. Thoughts?
  • #69
  • Dec 6, 2015 3:30pm Dec 6, 2015 3:30pm
Quoting intellivesto
This pair is truly amazing and I've cashed in 550 pips on it since late October 2015 with just 12 trades in total. I only trade this pair. I was buying this until the bounce down off resistance at 2.35 and now I'm looking to short, if it breaks through current support. Thoughts?

Looking to go short next week. Downtrend re-entry on Friday

Agree totally that it' s great pair to trade
  • #70
  • Dec 6, 2015 3:35pm Dec 6, 2015 3:35pm
Dropped 500 pips in 4 days last week - easy trend to trade - lots of entry points on our system

I'm trying to get the guys in my trading group to join me on this pair!!
  • #71
  • Dec 6, 2015 4:01pm Dec 6, 2015 4:01pm
nzd rates this week. Any trade against the nzd may be a good trade?
  • #72
  • Dec 6, 2015 11:54pm Dec 6, 2015 11:54pm
Quoting jmtini
Dropped 500 pips in 4 days last week - easy trend to trade - lots of entry points on our system I'm trying to get the guys in my trading group to join me on this pair!!
I think we should make a trading group for all us GBPNZD enthusiasts. Sharing strategies and predicting swings and trends. Who's up for it?
  • #73
  • Dec 7, 2015 11:32am Dec 7, 2015 11:32am
Quoting intellivesto
{quote} I think we should make a trading group for all us GBPNZD enthusiasts. Sharing strategies and predicting swings and trends. Who's up for it?

A GBPNZD trading group - count me in !
  • #74
  • Dec 7, 2015 12:20pm Dec 7, 2015 12:20pm
I'd love to join the group at well.

P.S.- I went short at 2.26847. Expecting at least a 50% retracement if the trend continues.
  • #75
  • Dec 7, 2015 12:36pm Dec 7, 2015 12:36pm
Exited a trade I opened last night at about 170 pips profit. I'd definitely be up for being in the trading group as well.
  • #76
  • Dec 7, 2015 12:43pm Dec 7, 2015 12:43pm
count me in! I love trading this pair
  • #77
  • Dec 7, 2015 2:37pm Dec 7, 2015 2:37pm
i like that pair as well
  • #78
  • Dec 7, 2015 4:24pm Dec 7, 2015 4:24pm
I've just messaged gofishin, yermommy, and jmtini to join the group I just created. Unfortunately I can only message 3 people every 24 hours. Feel free to send me a message to join as well.
  • #79
  • Dec 7, 2015 4:37pm Dec 7, 2015 4:37pm
Quoting intellivesto
I've just messaged gofishin, yermommy, and jmtini to join the group I just created. Unfortunately I can only message 3 people every 24 hours. Feel free to send me a message to join as well.
I cannot message anyone at this point, as I am only a Junior Member. Can you please add me to the group as well?
  • #80
  • Dec 7, 2015 5:36pm Dec 7, 2015 5:36pm
Quoting intellivesto
I've just messaged gofishin, yermommy, and jmtini to join the group I just created. Unfortunately I can only message 3 people every 24 hours. Feel free to send me a message to join as well.
I'd love to join the group as well please.
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