FX:NZDCAD   New Zealand Dollar/Canadian Dollar
75 11 1
strong divergence, iHAS pattern target reached
I went long at .9579. Looking to take profit at .9656.
itaskar ForceFollower
congrats :) i made few pips on short, out for now
You know, I love strong trends... Always on. Well, actually, not always - I missed this current awesome slide on CADCHF. :-( I just didn't see it coming.
itaskar ForceFollower
yes, I like your way..I am sometimes against trend, but with small amounts and quick trades, otherwise i am with trend as well. Last two weeks I am 768 pips in profit, just two bad trades(again jpy :) ), this month is for me crucial.. I see the CADCHF, very nice, didnt see it as well
I used to fight the trend very often and I lost that way a lot of money. Nowadays, I don't do it all. If I went aganst the trend, I'd feel very uncomfortable. My strategy is going solely with the trend. I have a rule that I don't enter trades that go against the trend. Sometimes I'd even make money doing it, expecting price to retrace to some level, make a correction, but I don't care about that. It wrecks havoc with my mindset, so I don't do it. And if the trend is unclear, then the market goes off my watchlist. My watchlist usually consists of 4-5 markets only. I don't care about the rest that doesn't meet my criteria. And I'm fine with that. I admit, less trading, more waiting, but this way I've got more time for honing my strategy. :-)
itaskar ForceFollower
some of my positive pips are gone :) I need to reduce my watchlist and be more attentive.
itaskar ForceFollower
btw. you like nzd now :) check eurnzd, there is triangle break
Thanks. EURNZD wasn't on my current watchlist, but I've just gone short, 'cause it looks likely to fall more.
You've got very good results. Keep it that way.
I'm still long, but I agree that a prospective correction seems to be warranted. :-) Until then, just a little bit higher...
itaskar ForceFollower
which area you expect? 0.9550-0.9600?
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