Advertisement
Learning how to trade.
Member Since Apr 14, 2014
230 posts
Apr 24, 2014 at 21:19
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.
Member Since Apr 14, 2014
230 posts
Apr 25, 2014 at 15:10
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?
forex_trader_136673
Member Since Jun 28, 2013
842 posts
Apr 25, 2014 at 15:17
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
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
Member Since Jan 21, 2014
22 posts
Apr 27, 2014 at 14:28
Hi Ardit!
I´m back from a business trip and checked my charts, what about shorting GBPUSD and EURCAD?
I´m back from a business trip and checked my charts, what about shorting GBPUSD and EURCAD?
forex_trader_136673
Member Since Jun 28, 2013
842 posts
Apr 27, 2014 at 16:44
Imo they have enough steam to go up. Not yet.
forex_trader_136673
Member Since Jun 28, 2013
842 posts
Apr 29, 2014 at 19:00
Planning to buy NZDUSD around 0.8390-0.8440.
Member Since Apr 14, 2014
230 posts
Apr 29, 2014 at 20:27
Are you expecting the price fall from current price 0.8543 to around 0.8390-0.8440 soon?
forex_trader_136673
Member Since Jun 28, 2013
842 posts
Apr 29, 2014 at 21:04
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
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
Member Since Feb 10, 2014
15 posts
Apr 30, 2014 at 10:48
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.
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.
Member Since Apr 14, 2014
230 posts
Apr 30, 2014 at 12:40
Thank you for your reply, Ardit.
forex_trader_136673
Member Since Jun 28, 2013
842 posts
Apr 30, 2014 at 15:30
Thank you guys.
Member Since Jan 21, 2014
22 posts
Apr 30, 2014 at 18:41
Hi Ardit!
At what level do you would short GBPUSD?
At what level do you would short GBPUSD?
Member Since Feb 10, 2014
15 posts
Apr 30, 2014 at 18:43
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
WATCH IF 0.9380 COMES IN PLAY AGAIN,SHORT HEAVY HERE
NZDUSD
SHORT AROUND 0.8700 AGAIN
AUDCAD
SUPERBEARISH TOWARDS 0.9850 OVER 350PIPS
forex_trader_136673
Member Since Jun 28, 2013
842 posts
Apr 30, 2014 at 19:12
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
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
Member Since Apr 22, 2014
43 posts
May 01, 2014 at 10:35
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
forex_trader_136673
Member Since Jun 28, 2013
842 posts
May 02, 2014 at 18:42
Canceled NZDUSD trade.
Have a great weekend everyone.
Have a great weekend everyone.
