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.
- #11,082
- Apr 6, 2016 5:41pm Apr 6, 2016 5:41pm
{quote} 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
{quote} 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
{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
Very nice, Keep it up Mm8!
outlook on NZD USD. self-explanatory hopefully. {image}
****
Trade safely friends! Take care....Thanks everyone for being around in this thread everyday. You all certainly make this forex trading journey of mine worth continuing...
- #11,083
- Apr 6, 2016 6:05pm Apr 6, 2016 6:05pm
- Joined Jan 2016 | Status: Trader | 1,788 Posts
I went short earlier at .6880 after it broke back down into it's old side ways range. It's trying to climb back out now but I think it's uptrend is done.
th Feb. Great entry, terrible exit. I hope to do a little better with a long I bought at .6795 yesterday.
outlook on NZD USD. self-explanatory hopefully.{image}
- #11,085
- Apr 6, 2016 10:35pm Apr 6, 2016 10:35pm
{quote} Yeah, I went long again. According to my setup, it will go up another 200 pips, then pull back again, unless something else happens. If it will go into an upward trend, I'll just go along with it. And speaking of UJ, it seems to be in a downward trend now, so if you are willing, check it out, I am already making 130 pips on it. =)[/quote]
Wow...nice profits you had kiwiBuck! Keep it up!
Leave some for me...hehehe
Nice to know other traders are earning great, nice inspiration for the rest of us! Never to give up your forex journey...
Wow...nice profits you had kiwiBuck! Keep it up!
Leave some for me...hehehe
Nice to know other traders are earning great, nice inspiration for the rest of us! Never to give up your forex journey...
- #11,086
- Apr 7, 2016 5:07am Apr 7, 2016 5:07am
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
- #11,088
- Apr 7, 2016 5:54am Apr 7, 2016 5:54am
- Joined Nov 2014 | Status: Trader | 1,736 Posts
{quote} to the point Sir
- #11,091
- Apr 7, 2016 7:29am Apr 7, 2016 7:29am
- Joined Mar 2014 | Status: swimming with floaters and snorkels | 1,157 Posts
{quote} clean up
meetings day today :nerd:
- #11,092
- Apr 7, 2016 7:38am Apr 7, 2016 7:38am
- Joined Mar 2014 | Status: swimming with floaters and snorkels | 1,157 Posts
{quote} Yes, no fool proof strategy Karpa...
I said fool proof but I should've said market proof or yet choppy PA proof
Got me a spike on M1, minutes before NY open
- #11,093
- Edited 8:40am Apr 7, 2016 8:03am | Edited 8:40am
- Joined Mar 2014 | Status: swimming with floaters and snorkels | 1,157 Posts
I see we're in rising channels D1 and H1, momentum shows sellers are stronger.
Yesterday and the day before, London sold and NY bought back kiwi, let's see if it happens again today.
If the H1 channel gets broken to the downside there may be strong support at 6768 to 6778
Yesterday and the day before, London sold and NY bought back kiwi, let's see if it happens again today.
If the H1 channel gets broken to the downside there may be strong support at 6768 to 6778
- #11,095
- Edited 8:35am Apr 7, 2016 8:20am | Edited 8:35am
- Joined Mar 2014 | Status: swimming with floaters and snorkels | 1,157 Posts
{quote} Are you buying NU right now Karpa?
I'm really waiting for the level I said, depends on PA.. momentum is down as per my indies
I was away during london morning and a bit off from PA.. don't hurry to jump in imho
bought 6777.. maybe 1 more pip
- #11,096
- Apr 7, 2016 8:36am Apr 7, 2016 8:36am
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
Hi guys, I've been reading this thread for quite a while now, and decided maybe I should contribute something.
I had a long bias when it broke through that resistance level around .6865, but since it looks like that was a false break I am looking to go short on the break of the diagonal trendline. More than likely ill wait for a break and a retest of the line to short it but right now I have an order at .6771.
I had a long bias when it broke through that resistance level around .6865, but since it looks like that was a false break I am looking to go short on the break of the diagonal trendline. More than likely ill wait for a break and a retest of the line to short it but right now I have an order at .6771.
- #11,099
- Apr 7, 2016 9:47am Apr 7, 2016 9:47am
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
wanted to post a chart but it wont attach. look risk commod currencies are selling off hard. bottomline rightnow: no point in catching a falling knive. stay put for a better entry!
- #11,100
- Apr 7, 2016 9:47am Apr 7, 2016 9:47am
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
