NZD/JPY

Jul 31, 2017 at 12:26
Vistas 639
16 Replies
Miembro desde Jun 11, 2017   posts 15
Jul 31, 2017 at 12:26 (editado Jul 31, 2017 at 12:19)
I think this is the pair that has a very consitant chart pattern if one looks at the 4hr time frame. I think this is the pair that can make one rich . What do you guys think?
Simplicity is the ultimate sophistication
Miembro desde Dec 11, 2015   posts 1487
Jul 31, 2017 at 14:13
I confess that I haven't even considered looking at the charts of this pair, as it is not very popular. But it is not a bad idea to look into it.
Miembro desde Jun 11, 2017   posts 15
Aug 01, 2017 at 06:15
mlawson71 posted:
I confess that I haven't even considered looking at the charts of this pair, as it is not very popular. But it is not a bad idea to look into it.

I like the fact that it consistently hit the supports and resistance points. It takes about two days to hit both points. Therefore it does not require one to be glued to the chart the whole day
Simplicity is the ultimate sophistication
Miembro desde Dec 11, 2015   posts 1487
Aug 01, 2017 at 11:55
I took a look at its charts and what you say is accurate. I think I may consider trading this pair. Do you have any advice for me? What should be wary of?
Miembro desde Jun 11, 2017   posts 15
Aug 02, 2017 at 12:52
mlawson71 posted:
I took a look at its charts and what you say is accurate. I think I may consider trading this pair. Do you have any advice for me? What should be wary of?

Have patience and Buy at the low and sell at the top. Keep it simple
Simplicity is the ultimate sophistication
Miembro desde Jun 07, 2017   posts 12
Aug 03, 2017 at 09:56
Words I live by!!
Miembro desde Dec 11, 2015   posts 1487
Aug 05, 2017 at 12:02
SammyB posted:
mlawson71 posted:
I took a look at its charts and what you say is accurate. I think I may consider trading this pair. Do you have any advice for me? What should be wary of?

Have patience and Buy at the low and sell at the top. Keep it simple

Do you think that the long-term rally is finally over?
Miembro desde Jun 11, 2017   posts 15
Aug 07, 2017 at 10:41
mlawson71 posted:
SammyB posted:
mlawson71 posted:
I took a look at its charts and what you say is accurate. I think I may consider trading this pair. Do you have any advice for me? What should be wary of?

Have patience and Buy at the low and sell at the top. Keep it simple

Do you think that the long-term rally is finally over?

It looks like that
Simplicity is the ultimate sophistication
Miembro desde Dec 11, 2015   posts 1487
Aug 07, 2017 at 13:22
It definitely looks that way, I decided to short. How far do you think it will fall?
Miembro desde Apr 27, 2017   posts 16
Aug 07, 2017 at 14:09
I think this is just a pull back. The rally will resume after the summer slow down
Miembro desde Jun 11, 2017   posts 15
Aug 07, 2017 at 14:12
I think it may go down to 81. Lets wait and see.
Simplicity is the ultimate sophistication
Miembro desde Aug 17, 2021   posts 94
Oct 30, 2021 at 13:16
If you see NZD/JPY, you are seeing the New Zealand Dollar/Japanese Yen currency pair in action. It is an abbreviation that describes the price of the New Zealand Dollar compared to the Japanese Yen at current market rates.
Miembro desde Jul 23, 2020   posts 759
Nov 10, 2021 at 11:58
NZD/JPY is in an uptrend and the market is having a retracement.
Miembro desde Jul 23, 2020   posts 869
Nov 11, 2021 at 11:00
The price is bullish and retracing. However, the JPY is getting strong and this could be only due to the ADP and NFP.
Miembro desde Apr 09, 2019   posts 538
May 09, 2022 at 10:07
I find AUD and NZD pairs a bit mad for me. They move fast and hard.
If you can't spot the liquidity then you are the liquidity.
Miembro desde May 10, 2022   posts 9
May 10, 2022 at 12:02
sebking1986 posted:
I find AUD and NZD pairs a bit mad for me. They move fast and hard.
Same is the case with me dude! I am always confused with these pairs.
Miembro desde Mar 07, 2022   posts 10
May 11, 2022 at 10:01
I find that they behave inconsistently. Sometimes my strategies work well on NZYJPY but other times it is loss after loss
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