anilmangal
Short

EURNZD & EURJPY short term sell setup

FX:EURNZD   Euro Fx/New Zealand Dollar
8344 19 294
Hi Guys, this two pairs have some nice flags,breaking should be nice short term sell since they are both in up trend.


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Good to see this, because 2 hours ago I sold my long EUR/JPY position in profit. Buying it back lower. Thanks Anil.
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Thanks anil sir.
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much similar
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Thanks Anil. EUR/JPY: I'm waiting for one more move up
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It is risky to sell on EURNZD even on short term. Maximum aim for 50 pip.
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Thanks for your opinion. My analysis is a bit different though. EURNZD is a risky business in my opinion because of the strong long trend. Eurjpy is still risky but the price action is a bit better then EURNZD. On both pairs is missing some test of strong rejection which could add some more selling pressure. Paul
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Thanks Anil
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My question is. I do not use hedging regularly. In webinar you always discourage traders to hedge. In this case I have long positions in EURJPY and EURNZD. Upon breakout of the flags, I opened a small short CHFJPY and a small NZDCHF long trade. These are primarily hedges to protect my 2 long positions. When my 2 positions continue their trend, I will take off the hedges + take their profit and maybe add onto my long positions.

In my opinion this is a good way to use hedging and this was part of the plan before taking the EURJPY and EURNZD positions. What you you think?
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nazzeem nazzeem
@nazzeem, @anilmangal My plan worked well (this time) by the way and thank you for the very accurate forecast.
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Where do we find the link you spoke of in your last weekly out look for 3/13-17? Thanks for all you great teaching and the time you take to do it.
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You Sir, are awesome! Your webinars are awesome and your setups are awesome! Thanks for your work! :)
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Was definitely waiting on your sell call for this pair. MIss them here in the US 50% of the time cuz I'm asleep haha. Thanks Mr. Anil for all you do for people. Its wonderful!
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Excellent analysis on both pairs. I do believe EURNZD might break the 21.40 lvl
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Hi Anil, is the correction wave can reach 38.2% fibb? Then as you said in the weekly seminar a move upward pretty strong?
Thanks for the great work.
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How are you entering these trades? Do you wait until a candle closes past the trendline? Or do you wait for a confirmation candle?
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dont you think this is a change in trend?
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Got this yesterday too
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thnaks
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