{quote} price action rally to 1.1330 got them my friend and the sudden fall away suggests its game over for this time round
I misread your post, thought you were referring to N/U
- #10,881
- Mar 23, 2016 5:36pm Mar 23, 2016 5:36pm
- Joined Mar 2014 | Status: swimming with floaters and snorkels | 1,157 Posts
I misread your post, thought you were referring to N/U
- #10,883
- Mar 23, 2016 9:58pm Mar 23, 2016 9:58pm
{quote} Liza, As like you I am a conservative trader. I know it is never a straight line to our targets so once I enter a trade I move to a 15 or 5 minute chart to manage my trade. My first sell I closed with a profit and then waited for the price to retrace to reenter. I reentered selling once again. I used the 5 minute charts to make by decision. I had a limit order 20 pips away and when the price reached a profit of 18 pips, I tightened my SL. I was stopped out with a 15.4 pip gain. {image}
{quote} nzd is short tp .63
{quote} sweetheart .... you are not alone.... i am also counter trend trader using no indi. but some times i get help of the stoch. ...but in m15 {image}
{quote} Being a contrarian trader then I trust you look at the commitment of traders reports? If not it is a good tool and interesting to know! here's a link to read up on it for anyone interested. http://www.learningmarkets.com/under...he-cot-report/
I guess All sellers now are enjoying good profits! Congrats guys! Protect your profits guys!
Currently there is a thug of war between Bulls and Bears, bulls bears, bulls bears....beer beer beer...
I mean Bears,lol...hahaha. Trade safely my friends! Take care all!
- #10,885
- Mar 23, 2016 10:28pm Mar 23, 2016 10:28pm
{quote} Hello thread I'm closing 2/3 at 6699, expecting a bounce Good luck! many green pips
hi im still long nzdusd...since this is now in bullish phase.i view this as a pullback in a bull trend...at this point
Btw. goodluck for our long positions and for all kiwi buyers out there...we are currently experiencing turbulence...hope we can remain floating until strong bulls reinforcement come along for the journey up North... - #10,886
- Mar 23, 2016 10:40pm Mar 23, 2016 10:40pm
- | Commercial User | Joined Jan 2015 | 1,352 Posts
20 Pips a day keeps centerlink away
- #10,887
- Mar 23, 2016 11:57pm Mar 23, 2016 11:57pm
{quote} Im holding short still from .68126 and scalping on the highs, but thinking about taking the profit. Right now price could bounce back up, but long term NZD is short. Have to remember RBNZ are cutting rates FED are raising rates. USD has bottomed out and may start to gain strength. Even if nzd stays neutral it will fall against the USD.
- #10,890
- Mar 24, 2016 12:41am Mar 24, 2016 12:41am
- | Commercial User | Joined Jan 2015 | 1,352 Posts
20 Pips a day keeps centerlink away
- #10,893
- Mar 24, 2016 3:41am Mar 24, 2016 3:41am
- Joined Mar 2014 | Status: swimming with floaters and snorkels | 1,157 Posts
{quote} Karpa, at this current level, are you shorting or buying kiwi?
I trade R/S levels and moving averages and in my setup, all MAs are pointing south
I'm currently scalping tops but I'm not bearish, Kiwi's been chopping for 34 trading days.
Before the fomc last wednesday and before the usd selloff, kiwi had closed below a rising wedge and instead of downward continuation, it tested 687x for the 3rd time.
We are now at the bottom trend line of the wedge so there could be a bounce..
If the USD remains strong (this is my plan A) we could visit 663x, where there's confluence of R/S zone and weekly/daily pivots. This is, I think, the path of least resistance.
Hope this helps, good luck
- #10,895
- Mar 24, 2016 1:21pm Mar 24, 2016 1:21pm
- Joined Mar 2014 | Status: swimming with floaters and snorkels | 1,157 Posts
{quote} Hi Liza, thanks for asking but I'm just a noob, you know that
@Kite: nice trade you got there
- #10,897
- Mar 24, 2016 6:22pm Mar 24, 2016 6:22pm
Hello FF, Hello Forex World!
Hello Kiwi lovers....Hello Karpa, Mm8, ninner, PaulDaemon, roger44, Pretense, kite, titantron91, Dcb, redcloudx111, Samer1970 and the last lasty...hope I did not forget anybody...good day to all of you friends! Wazz up...? What's your position today guys? Are you preparing to short kiwi again or start building buy position?
Good morning to all! Holiday isn't it? What a slow moving market specially NZD/USD
Oops...Holy Week today, am sorry God am still trading...'coz NU refused to go up,lol
Hello Kiwi lovers....Hello Karpa, Mm8, ninner, PaulDaemon, roger44, Pretense, kite, titantron91, Dcb, redcloudx111, Samer1970 and the last lasty...hope I did not forget anybody...good day to all of you friends! Wazz up...? What's your position today guys? Are you preparing to short kiwi again or start building buy position?
Good morning to all! Holiday isn't it? What a slow moving market specially NZD/USD
Oops...Holy Week today, am sorry God am still trading...'coz NU refused to go up,lol
- #10,898
- Mar 24, 2016 7:22pm Mar 24, 2016 7:22pm
I see quite a few of you are just waking up. Good morning. =)
I may be seeing things, or desperately want it to be, but can anyone tell me, the conformation in the circle, doesn't it look like fibbonacci harmonics pattern? It certainly plays out like one.
I may be seeing things, or desperately want it to be, but can anyone tell me, the conformation in the circle, doesn't it look like fibbonacci harmonics pattern? It certainly plays out like one.
- #10,899
- Mar 25, 2016 12:19pm Mar 25, 2016 12:19pm
- Joined Jul 2013 | Status: Trader | 2,917 Posts
Hello FF, Hello Forex World!
- #10,900
- Mar 26, 2016 9:19am Mar 26, 2016 9:19am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci