IvanLabrie
Long

EURNZD: Very specific setup

FX:EURNZD   Euro Fx/New Zealand Dollar
735 12 31
10 months ago
We have a nice setup in the EURNZD             chart, that I'd like to share for some good profits.
There is potential for an 881.4 to 1020.6 pip move to the upside from the mode here.
The entry is on retrace and about to get filled, so don't miss out on it.
Timing for the move is 16 days or less, if not stopped, naturally.

I put my name down the line and share this setup with entry, exit and stop loss for your own use.
Feel free to contact me if interested in any of my services, you can refer to the pastebin link in my profile for more information on my track record as an analyst, trader and forecaster.
Don't forget to check out the 'Key Hidden Levels' chatroom, Tim West (my mentor) and other traders versed in this methodology post setups and insights there (mostly, Tim and me).
We cover stocks , Forex , futures and commodities , using Tim's methodology.

Cheers,

Ivan Labrie.

PS: If you like the EMA and ATR bands here, check out my publication where I shared the script. Google             YEMAB V2 ivanlabrie tradingview to get them. Easy. This setting is a yearly EMA (253) with 253 period ATR, and only the 6.4 and 9.5X atr bands. Look how it captured the bottom and top here!
10 months ago
Trade active: I entered at market when entry was almost hit, but missed.
10 months ago
Comment: Steady trend in the making. EURAUD has an analogous setup, not worth posting.
I'm in both, and will be adding to winners.
10 months ago
Comment: Rushing in was wise...
Hold steady.
We'll add to the trade as it progresses.

snapshot
10 months ago
Trade closed manually: EURUSD failed to hold the mode support and there was a very sudden rally in NZD and AUD (and *JPY) when London opened. Better stand aside and wait.
10 months ago
Comment: After the daily close, we might have a chance to reenter and take a short term trade as well.
For now staying flat.
10 months ago
Comment: Bought the dip after the daily close.
10 months ago
Comment: We can buy with a very tight stop here, low risk, but use reasonable risk size.
10 months ago
Trade closed manually
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
forexmech
10 months ago
This looks like a good set up. Thanks Ivan.
Reply
IvanLabrie PRO forexmech
10 months ago
I rushed in with a market buy when price approached my entry and missed by 1 pip or so.
If not filled it might be needed to rush in as well.
Reply
forexmech
10 months ago
Noted.. Thanks
Reply
IvanLabrie PRO forexmech
10 months ago
The trick is this, if I get filled on the lower entries I'll close out the one I took on a discretionary basis once in profit.