Learning how to trade.

Thank you, the EUR/JPY continue stay in a range of 141.45/141.60 today, would it go up to 142?

@csc2009

I said: ''I'm expect a correction 140.80-141.00 then up. 1H time frame. Trade valid as long as 140.05 is intact.''. Nothing has changed.



Regards

ahuruglica posted:

ahuruglica posted:
Looking for long NZDUSD with 0.8550 stop and 0.8640 target. Trade idea is only short term. I still expect that the pair will continue to drop.

Today on the calendar is widely expected that RBNZ to hike interest rate for 25 bp. If so, rate hike was already priced in and the pair will continue to drop. If not, the market will get disappointed and the price will also drop.

Anyway, I'm expecting 1-2 days rally. Then again down.

This was the spike on NZDUSD I was talking about, then down. It doesn't matter what fundamental news really means. It matters how the markets react.

Thanks for the tips! I would say this pair would drop too.

The NZD/USD continues to gain since the RBNZ increased interest rates to 3% on Wednesday, still falls below your target 0.8640. If it's hit the target level, would it continue go up?

I bought NZDUSD and booked profits. It was a short term trade. 0.8640 did not get hit but i closed one position at 0.8620 and one near entry. Currently I'm out.

As I explained, I was expecting a spike for 1-2 days, then for price to drop.

I will not sell but on expected drop, but I will on levels 0.8400-0.8440.

Hope I'm clear
Regards

Hi, Ardit

You have been very helpful, thank you!😄

Hi Ardit!
I´m back from a business trip and checked my charts, what about shorting GBPUSD and EURCAD?

Imo they have enough steam to go up. Not yet.

Planning to buy NZDUSD around 0.8390-0.8440.

Are you expecting the price fall from current price 0.8543 to around 0.8390-0.8440 soon?

In my view the market is in correction. I was expecting this drop based on wave structure and fundamental news. NZ central bank raised interest rate, so NZD should strengthen, that what everyone thought.

If you read last page post, I expected a spike on the news then lower. And it did so. Given that I never wanted to sell, only looking better entry to buy. Now many traders will think that USDNZD broke many support levels and will start to sell. I'm simply trying to do the opposite.

I also have in mind monthly cycles, so the trade should be filled on the firs or second day of the new month. If it does not fill by friday night or continue to break new high. I will cancel the trade.


Regards

Hey ArditFX

Been a while buddie,Excellent comment you made on this thread previously.
How's trading ?


Unfortunately I don't have much time to update some new strategies more frequently.

But, everyone can use it as a benchmark and learn how to study the market and make trading decisions. I believe that if traders learnt to wait for the market to meet certain criteria before entering the market, have a good money management and don't over trade will help them detach emotionally from trading and make more rational trading decision.

Thank you for your reply, Ardit.

Thank you guys.

Hi Ardit!
At what level do you would short GBPUSD?

AUDUSD
WATCH IF 0.9380 COMES IN PLAY AGAIN,SHORT HEAVY HERE

NZDUSD
SHORT AROUND 0.8700 AGAIN

AUDCAD
SUPERBEARISH TOWARDS 0.9850 OVER 350PIPS

Greetings Cris

I'm still bearish USD and dont plan to bet usd strength. I watching closely SPX500 to make a new high then head lower, or EURUSD to test/break 1.40 then look to buy usd.

I think a risk aversion theme is comming which will result a very strong USD, but not yet.

Regards

ahuruglica posted:
Greetings Bung

Unfortunatetly I dont have much time to update some new strategies more frequently.

But, everyone can use it as a benchmark and learn how to study the market and make trading decisios. I believe that if traders leant to wait for the market to meet certain criterias before entering the market, have a good money management and don't overtrade will help them detach emotionally from trading amd make more rational trading decision.

There are thousands paid services to choose, signals, copy trades, EAs, pamm etc. Bot more importantly is to become an independant trader.

thanks mate

stocksbloc posted:
AUDUSD
WATCH IF 0.9380 COMES IN PLAY AGAIN,SHORT HEAVY HERE

NZDUSD
SHORT AROUND 0.8700 AGAIN

AUDCAD
SUPERBEARISH TOWARDS 0.9850 OVER 350PIPS

Thank you for the tips, I'm paying close attention the AUDUSD pair.