Today's huge NZD Boost - What caused it and what does it mean...
Jul 08, 2015 at 11:44
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1 Replies
Medlem sedan Sep 06, 2013
137 inlägg
Jul 08, 2015 at 11:44
Today we saw a huge influx of buying into the NZD that caused some rather big movements, even though the NZD fundamentals are bad.
I posted a blog to explain what happened, and why it happened - there is an included tutorial video that people will (hopefully) find highly useful.
https://dailyforexschool.com/blog/blog/today-s-huge-nzd-boost-what-caused-it-and-what-does-it-mean
Ben Nathan
I posted a blog to explain what happened, and why it happened - there is an included tutorial video that people will (hopefully) find highly useful.
https://dailyforexschool.com/blog/blog/today-s-huge-nzd-boost-what-caused-it-and-what-does-it-mean
Ben Nathan
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Medlem sedan Nov 21, 2011
1718 inlägg
Jul 08, 2015 at 19:34
(redigerad Jul 08, 2015 at 19:35)
Very funny as always...
You provide reasons why a currency is moving up or down...
NzdUsd has rallied up 100 pips today, so you decided that someone has 'short-covering'... lol.
You claim to be fundamental and you don't know basic of financial market.
You are unware of that FX is irrational... meaning it is absolutely pointless to try to understand why it's moving up or down.
Now the guy who doesn't know any thing about patterns and said loudly into past video that thoses are silly traders using them.
Let me show you the real skills... You try to explain things when they just happened and you provide stupid arguments... While master, they made forecasts weeks ago:
About NzdUSd
Posted 30 th may:
https://www.forexfactory.com/showthread.php?p=8293176#post8293176
Order taken:
Why Sell trade has been closed today?.... based on Market Makers' subliminal patterns.... You know the one you ignore. Well they use it to communicate each other. If market reverse from here, it's not because you provide silly explanations. It is just that thoses who makes market moving are acting together.
Where this happen? on my revisited 'M' & 'W' Patterns target theory.... and once again. It happens just here! not even 100 pips below or above!
I'm not even wasting my time about GbpNzd... 2 last trades closed for +1200 pips and currently short from today @ 2.2924
Good luck
You provide reasons why a currency is moving up or down...
NzdUsd has rallied up 100 pips today, so you decided that someone has 'short-covering'... lol.
You claim to be fundamental and you don't know basic of financial market.
You are unware of that FX is irrational... meaning it is absolutely pointless to try to understand why it's moving up or down.
Now the guy who doesn't know any thing about patterns and said loudly into past video that thoses are silly traders using them.
Let me show you the real skills... You try to explain things when they just happened and you provide stupid arguments... While master, they made forecasts weeks ago:
About NzdUSd
Posted 30 th may:
https://www.forexfactory.com/showthread.php?p=8293176#post8293176
Order taken:
Why Sell trade has been closed today?.... based on Market Makers' subliminal patterns.... You know the one you ignore. Well they use it to communicate each other. If market reverse from here, it's not because you provide silly explanations. It is just that thoses who makes market moving are acting together.
Where this happen? on my revisited 'M' & 'W' Patterns target theory.... and once again. It happens just here! not even 100 pips below or above!
I'm not even wasting my time about GbpNzd... 2 last trades closed for +1200 pips and currently short from today @ 2.2924
Good luck
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