FX:EURNZD   Euro Fx/New Zealand Dollar
7715 35 218
5 months ago
Hello Traders, I am a bit busy this week so I will try my best to post some setups as I see them,
Most of the pairs are in consolidation so only short term trade setups for now.
This pair is trending down in the daily consolidation so a sell on the break seems like a good idea. It might be the last impulse down on the 4hr before it turns up for another daily impulse.

Trade with care.
Thank you for your support.
5 months ago
Comment: No breakout as yet.
snapshot
5 months ago
Comment:
snapshot
5 months ago
Comment:
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Training : add to skype mangal457
Lindsay PRO
5 months ago
Maybe today. Thanks Anil
+1 Reply
txks for your effort to post new charts :)
+1 Reply
iliaset
5 months ago
Tp point and stop loss? Thank you
+1 Reply
Delan iliaset
5 months ago
Hahahahaha, you shouldn't be trading if you asking about stop losses and take profits. l advise you learn more. . .
+3 Reply
iliaset Delan
5 months ago
I am new on this area and i try to learn more.
Sorry for asking silly questions
+1 Reply
SaeedAteeq51 iliaset
5 months ago
It's your completely right to ask for your tp and sl, but only polite people give you a polite reply. Contact me on my email if you are interested in free signals, sateeqpal51@hotmail.com, nice signals with tp and sl, for free, you can try them on a demo account for a month or for a year I don't mind. (If you are interested)
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StevenMilward SaeedAteeq51
5 months ago
its people like you, preying on the vulnerable newbies that give this game a bad name.
+1 Reply
SaeedAteeq51 StevenMilward
5 months ago
Thank you!!!
Reply
Delan iliaset
5 months ago
It is not a silly question, it isn't a smart one either, l wasn't being rude as someone mentioned in the comments, Stop losses is and take profits allow you to manage trades according to your risk appetite and whether or not your account can afford it. My advice now is if you are a beginner, 1). Learn (Get knowledge) 2). Create a Strategy 3). Trade and Manage risks. . .No to Signals.

Hope this helps,mate. Happy Trading Journey to you. . .
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HamzaMokhtarMansour Delan
5 months ago
are you donot use take profit or stop loss ?
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mlbo iliaset
5 months ago
i second delans answer (not the "hahaha" part). learn more! first of all this was maybe a break of the trendline and the candle closed outside but there was no confirmation of that break because no additional lower price came below that close. 2nd the stoplos depends on yozu strategy and could be above the previous swing high for example. 3rd take profit levels are very hard to learn.
+1 Reply
OscarMan
5 months ago
do we have to wait for the Retest ?
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login27
5 months ago
im on short position since friday on the eur nzd
the pound is confusing everyone
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login27
5 months ago
we have a touchdown! Thanks Anil
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thomashvu PRO
5 months ago
That's what I call a false breakout.
+1 Reply
mrleedz thomashvu
5 months ago
According to Anils' teachings on trading which I agree on, there's no such thing as false in trading since the price actually touched that area regardless if it moved as you expected or not, So the breakout was real but it just did not continue down.
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thomashvu PRO mrleedz
5 months ago
Its a false breakout when he tells us to set up sells below the line. then when it triggers it goes back up lol
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mrleedz thomashvu
5 months ago
lol I agree but cannot say it is false though since it actually broke the support line, by doing that its making the line weaker
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anilmangal TOP thomashvu
5 months ago
Ok I am really not in the mood to discussed "ignorance" so let me repeat this one last time. 1)NO ONE tells you to do anything. 2) if you do plan to trade GET YOUR ON STRATEGY. 3) Be a grown up for once, accept responsibility you your actions. And finally, I AM NOT IN THE TRADE because my strategy which is based on rules did not give me an entry.
+6 Reply
mlbo thomashvu
5 months ago
who told you to open sell positions below the trendline? no one. possible ways to trade a broken trendline is to wait for a close of the candle of your timeframe (we had that here) and then at least you want to see the price continue that direction and go significant below that closing price (we did not have that here). much better and much more sensible is to watch the potential breakout then watch a retest counterreaction where price goes up agoaint to the trendline and then falls again in the direction of the breakout. to sum up: what we had here was no reason to go into that trade.
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StevenMilward thomashvu
5 months ago
Comments like this actually give me hope. Because when I hear that 95% of forex traders fail then I see comments like this, I know that I am not one of them.
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TradeBeat86
5 months ago
Amen! Anil, you are already doing SOOOO MUCH for the community, just let the losers lose! If they just want free signals from you let them lose their account trying! You don't have to explain yourself. If they know what they're doing, the SL will be where they have to be, and they'll get a winning trade anyways! If not, just get the knowledge, or just lose your account trying to play smartass, and blaming somebody else for your mistakes!!
From MY side HUGE THANKS Anil!
+1 Reply
As Anil repeatedly says, wait for consolidation after break. I am learning so much, thanks you Sir Anil.
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mwbro
5 months ago
Nice pinbar on 1hr
+1 Reply
Imtiazalijamali
5 months ago
price closed below trendline very next candle goes up and closed up so how we confirm real breakout ?????
+1 Reply
cperezmontilla80
5 months ago
Anil, maybe I'm wrong but It look to me that, now is starting to make an expanding triangle, I don't think the correction has finished yet
snapshot
+1 Reply
VisionFx PRO
5 months ago
If you trade live you should know how to confirm breakout because it will always pull back to structure then make another level low/high
+2 Reply
VisionFx PRO
5 months ago
@Anil it looks like we have our break and consolidation sir.
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tradermannn
5 months ago
we should wait the price to touch the trend line and sell ? sorry guys but i am new to trading
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mdun8900
5 months ago
This setup worked perfect for me, thank you as always!!!
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andreas1
5 months ago
thanks Anil !!!
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saif1569
5 months ago
what will next happen to eurnzd ? its way up
+1 Reply
fre3zzy saif1569
5 months ago
I think it will consolidate near the wedge before impulse down. Not sure tho. Still learning
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cperezmontilla80
5 months ago
The ascending triangle still standing
https://www.tradingview.com/chart/JrPv5HZx/
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cperezmontilla80
5 months ago
Hi anil, first of all thanks a lot for all your ideas, for me your are the best trader of this community. I just want to asked if it not be better to wait to sell this pair in a consolidation above the ascending triangle that I just post.
Reply
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