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NZD/USD

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Attachments: NZD/USD
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NZD/USD

  • #11,061
  • Apr 6, 2016 6:21am Apr 6, 2016 6:21am
no more talk of the amazing break out
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  • #11,062
  • Apr 6, 2016 6:29am Apr 6, 2016 6:29am
Quoting Squiggles
no more talk of the amazing break out {image}
Indeed Sir
my lower range today is 6721/6732 but I've been failing levels lately..
I guess your blue level is around 6763/64, phi 0.62
  • #11,063
  • Apr 6, 2016 7:00am Apr 6, 2016 7:00am
Quoting Karpa
{quote} Indeed Sir my lower range today is 6721/6732 but I've been failing levels lately.. I guess your blue level is around 6763/64, phi 0.62
oops
  • #11,064
  • Apr 6, 2016 7:01am Apr 6, 2016 7:01am
Quoting Karpa
{quote} Indeed Sir my lower range today is 6721/6732 but I've been failing levels lately.. I guess your blue level is around 6763/64, phi 0.62
Blue = Earth = (One X Phi/P) = natural boundary of price. Yesterday showed some love for nzd at Tan = Venus = (0.62 X Phi/P) This may hold back to FP but so far stopped at sentiment = Gray = Mercury = (0.23 X Phi/P) so trapped between some love and thoughts otherwise, not a great place to get involved
  • #11,065
  • Apr 6, 2016 8:01am Apr 6, 2016 8:01am
Quoting Squiggles
{quote} Blue = Earth = (One X Phi/P) = natural boundary of price. Yesterday showed some love for nzd at Tan = Venus = (0.62 X Phi/P) This may hold back to FP but so far stopped at sentiment = Gray = Mercury = (0.23 X Phi/P) so trapped between some love and thoughts otherwise, not a great place to get involved
Thanks, I have PHI 1.00 at 6714/6715
don't think it will get there.. too choppy
hate choppy

E/G looks nice
  • #11,066
  • Apr 6, 2016 9:13am Apr 6, 2016 9:13am
Quoting KiwiBuck
{quote} I am trading up (High five. =P) Although my setup suggests that I shouldn't have entered the Long until tomorrow. Well, if anything, I have a USDJPY short position to cushion the blow. =)
So you're still long now KiwiBuck? Nice that you have a Plan B with USDJPY, smart plan! I have not traded UJ for a while now...

Quoting ninner
{quote} i use my own system with the ichimoku cloud..not a perfect system but works for me...personally better to wait till it gets up above 6815 above the tenken sen line warmest regards...
Wow, Ichimoko cloud, that is interesting...it looks pretty difficult for me, someday I might try it. Your price of 0.6815 already reached. Are you long now ninner?

Quoting Mm8
{quote} Hi Liza j i have been trading this pair for quite some time and i have a low of 63.4 and a high of 69.5 my pivot is 66.3 and i change my buys and sells accordingly around this pivot i use mm of 1% and no stops only take profits and profit stops last month no loses and the month before only 2 small ones out of 45 with an average of $103 / all my trading is done manually, cheers
That's awesome profit Mm8! So how long you been trading NZD/USD pair? As in you don't trade another pair only kiwi pair?

Quoting Karpa
{quote} I went long but got stopped on london open.. don't see buyers for this pair maybe because of fomc H4/Daily looks pretty bearish What do you use for entries and exits Liza?
Sorry for the stop out Karpa, Yeah...I also noticed that this pair is pretty slow today. I guess you are right, no one is buying this pair because of FOMC. I based my long on the screenshot below...So, if no one is buying this pair and am alone now...am surely dead,lol. Well...am not going to perished but my account is... Let see what will happen later...wish me luck guys!

Thanks for taking the time to give your comments friends! Nice to know different style of trading approach...I guess you are all wise traders, as for me I never learn at all, or I guess am too slow...anyways take care all! Trade safely friends!
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  • #11,067
  • Apr 6, 2016 10:02am Apr 6, 2016 10:02am
Quoting Liza J
{quote} Thanks for taking the time to give your comments friends! Nice to know different style of trading approach...I guess you are all wise traders, as for me I never learn at all, or I guess am too slow...anyways take care all! Trade safely friends! {image}
You seem to be trading using the Stochastic Oscillator ... so IMO that makes you just as wise as anyone here... Have more winners than losers and keep the losses small, use good MM and you are a WINNER.
  • #11,068
  • Apr 6, 2016 10:14am Apr 6, 2016 10:14am
Quoting Liza J
I based my long on the screenshot below...
I think you enter/exit when the stochastic crosses but there are many false crossings, you may need confirmation to filter out false signals..
or maybe I'm missing something
  • #11,069
  • Apr 6, 2016 10:18am Apr 6, 2016 10:18am
Quoting JeffJ53
{quote} You seem to be trading using the Stochastic Oscillator ... so IMO that makes you just as wise as anyone here... Have more winners than losers and keep the losses small, use good MM and you are a WINNER.
jeff is right doesnt matter what strategy you use as long as you have good MM you have a great chance to succeed...in fact one can do well just by flipping a coin as long as you have good MM skills

cheers
  • #11,070
  • Apr 6, 2016 10:24am Apr 6, 2016 10:24am
we had a higher low today..
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  • #11,071
  • Apr 6, 2016 10:36am Apr 6, 2016 10:36am
Quoting JeffJ53
{quote} You seem to be trading using the Stochastic Oscillator ... so IMO that makes you just as wise as anyone here... Have more winners than losers and keep the losses small, use good MM and you are a WINNER.
I been using Stochastic Oscillator and Zigzag in my trading since 2011. They look easy to interpret but am also aware of their weaknesses.
Thanks for the advice Jeff...

Quoting Karpa
{quote} I think you enter/exit when the stochastic crosses but there are many false crossings, you may need confirmation to filter out false signals.. or maybe I'm missing something
Yeah, I agree with you Karpa...Stoch and Zigzag are not always accurate when it comes to signal precision, repainting much? am I right?

Quoting ninner
{quote} jeff is right doesnt matter what strategy you use as long as you have good MM you have a great chance to succeed...in fact one can do well just by flipping a coin as long as you have good MM skills cheers
Agree with both of you...all strategy can be profitable as long you can make it work! In one word, no such thing as perfect strategy exist, " just try to minimize your loses and try to have more winners..." as Jeff said....
  • #11,072
  • Apr 6, 2016 10:58am Apr 6, 2016 10:58am
Quoting Liza J
{quote} I been using Stochastic Oscillator and Zigzag in my trading since 2011. They look easy to interpret but am also aware of their weaknesses.
I understand that accuracy is one of their weaknesses..
I use R/S levels and often they fail too, there's no fool-proof strategy I guess
  • #11,073
  • Apr 6, 2016 11:10am Apr 6, 2016 11:10am
Quoting Liza J
{quote} So you're still long now KiwiBuck? Nice that you have a Plan B with USDJPY, smart plan! I have not traded UJ for a while now... {quote} Wow, Ichimoko cloud, that is interesting...it looks pretty difficult for me, someday I might try it. Your price of 0.6815 already reached. Are you long now ninner? {quote} That's awesome profit Mm8! So how long you been trading NZD/USD pair? As in you don't trade another pair only kiwi pair? {quote} Sorry for the stop out Karpa, Yeah...I also noticed that this pair is pretty slow today. I guess...

hey liza, yes still long...i see it has busted that level now that i mentioned earlier which is a positive i have a initial target of around 7000
  • #11,074
  • Edited 1:22pm Apr 6, 2016 12:01pm | Edited 1:22pm
Quoting alayinizAMK
{quote} btw this is still only 3 of (5) imo. think wave (5) is going to be extended a lot.

Long-Term I am bearish on this pair. Meanwhile, I have opened a long position as it lies at the support. We may see a ride up again to 77 - 77.50 and then back down. Whats your opinion on this?
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  • #11,075
  • Apr 6, 2016 2:00pm Apr 6, 2016 2:00pm
Quoting Karpa
{quote} Thanks, I have PHI 1.00 at 6714/6715 don't think it will get there.. too choppy hate choppy E/G looks nice
FP she did
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  • #11,076
  • Apr 6, 2016 2:18pm Apr 6, 2016 2:18pm
Quoting Squiggles
{quote} FP she did {image}
to the point Sir
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  • #11,077
  • Apr 6, 2016 3:19pm Apr 6, 2016 3:19pm
Quoting Liza J
{quote} So you're still long now KiwiBuck? Nice that you have a Plan B with USDJPY, smart plan! I have not traded UJ for a while now... {quote} Wow, Ichimoko cloud, that is interesting...it looks pretty difficult for me, someday I might try it. Your price of 0.6815 already reached. Are you long now ninner? {quote} That's awesome profit Mm8! So how long you been trading NZD/USD pair? As in you don't trade another pair only kiwi pair? {quote} Sorry for the stop out Karpa, Yeah...I also noticed that this pair is pretty slow today. I guess...
Hi Liza j been hard out on this pair for 8 years now and yes i trade other pairs as well but im not as intimate with them as i am with nz/usd i get basically the same results but a lot less trades made my methods are very basic, as are my indicators and i have no stress because i use an easy care system (its easy because i dont care lol ) so i have more wins because i dont worry about dd working within good mm perimiters, cheers
  • #11,078
  • Apr 6, 2016 4:14pm Apr 6, 2016 4:14pm
outlook on NZD USD. self-explanatory hopefully.
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  • #11,079
  • Apr 6, 2016 4:15pm Apr 6, 2016 4:15pm
Quoting Mm8
{quote} Hi Liza j been hard out on this pair for 8 years now and yes i trade other pairs as well but im not as intimate with them as i am with nz/usd i get basically the same results but a lot less trades made my methods are very basic, as are my indicators and i have no stress because i use an easy care system (its easy because i dont care lol ) so i have more wins because i dont worry about dd working within good mm perimiters, cheers
nice that sounds like you are cracking it.
  • #11,080
  • Apr 6, 2016 4:20pm Apr 6, 2016 4:20pm
6750 was quarter pivot area on NZD USD, I like to refer this as area, not just a set line, we got a nice bounce off the QP, so I'd expect some decent (200+ points) followthrough shortly.
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