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UnknownUnicorn180388
Mar 18, 2017 3:44 PM

EUR.NZD - Multi Timeframe Analysis Long

Euro Fx/New Zealand DollarFXCM

Description

My basic Monthly, Daily & 4hr chart analysis of EUR.NZD into next week.

I will be updating this pair through the week post market open.

Comment

Still awaiting a bullish signal as we approach a high confluence area at 1.5200

Comment

Awaiting a pullback prior to looking long.

Comments
kidbroge
When making a multi-timeframe analysis which takes precedent for you, the 4hr, the daily or even the 1hr. Also, If the daily or 4hr, or 1hr are trending up or down do you look to a lower time frame to time or confirm a move. Thank you
UnknownUnicorn180388
@kidbroge, For me personally the 4hr TF however i do have discretion with this in my trading plan.
I hope that helps.
kidbroge
@tomhall, Yes, thank you
kidbroge
@tomhall, I have a trading plan which tells me to trade in the direction of the daily and time it on the hourly. Would this be a good strategy using the 4hr. I notice you occasionally use the 15m. Thanx again.
UnknownUnicorn180388
@kidbroge, A trading strategy takes years of backtesting as it depends on a number of specific factors.
I would love to help, but there are so many things that need to be implemented prior to building a profitable plan.
bonovox
there's a problem, the labels cover your chart
UnknownUnicorn180388
@bonovox, It all depends on the device you use, My laptop and Computers are visible however the labels do cover my chart on my mobile device.
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