anilmangal
Long

NZDJPY in a corrective structure

FX:NZDJPY   New Zealand Dollar / Japanese Yen
4948 16 143
The NZDJPY             is in a corrective structure, one more impulse to the upside is possible.
Buying the breakout of the lower degree correction is a good idea.
Comment: http://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
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Thanks anil .
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I have an EO on this one Anil! Looks great.
+4 Reply
Your analyses are always very clear to follow. Thank you!
+2 Reply
Here's the overriding fundamental principle that every trader should be aware of at this time in the currency markets.And,we are not economists but every trader that trades currency needs a basic understanding of the economic calendar as well as the dangers in today's intervention by central banks.Be aware of trends :https://www.youtube.com/watch?v=UBXjlNNNFus
+1 Reply
anilmangal PRO RobertHerdman
What you hear on you tube and TV has nothing in common with what is the real inside fundamental reason are!(don't fool your self no one will let you in on the real reasons).Like you said, you are NOT an economist so don't try to be one.
+7 Reply
Finding this pair a little difficult to read Anil, so will stand aside for now and see what happens.
I'll look at it again next week.
+1 Reply
Hello! I am new to forex. I am wondering how one would calculate when to enter a trade. I appreciate and help/ resources. I know I shouldn't enter a trade without this knowledge, so I was wondering if some one could help me in the right direction :) Thanks!
+2 Reply
Possible breakout at 76.500, wait until this happens it will be in the next few days, wait until the correction has been confirmed.
+2 Reply
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