FX:NZDUSD   New Zealand Dollar/U.S. Dollar
NZDUSD             SIMPLE IDEA
watch the 0.7293-0.7313 level

this level is good to sell a pull back
Trade active:
snapshot
Comment:
snapshot
Trade closed: stop reached: breaks new high, exited the trade. stop loss triggered @ 0.7390
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Thanks, Jack
+1 Reply
Thanks for sharing, Jack!
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Jack, on this trade, is the better move to place a limit order in the zone or wait and see what price does once there. I know sometimes price can really take off and go the other way. Thanks
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Renegade7 kidbroge
Well, I answered my own question, I held my nose and placed a limit order on the high end of the range, mental stop only. So far, so good. Thanx J
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Thanks Jack. I assume you still have one short open from the top on this?
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yes i still have
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Dolven tntsunrise
Thanks
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dear which point for buy gold....?
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snapshot

MY View is the same
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I NEED HELP . i m very new . If i take my trade at .7293 level exactly then where should i put my Stop loss ? . just to learn i ask this . when this trade will be invalid ? . thanx jack for sharing ur idea .
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I have been learning for the last two months as well. I believe as the short is on 0.5 FIB you should have your stop loss on 0.618 (0.73131)FIB the one above. Good luck.
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eager elbistan
thanx man
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Vielen dank
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ArtFly Myszka60
Niemiecka Myszka?
+1 Reply
Thanks, Jack
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Thanks Jack.
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Nice, waiting for 7290!
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thanks,dear jack
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nice thanks
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But the price has only got to .38 fib retracement?????
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tntsunrise TOP Trendhopper
FIB is one thing, Structure is also important.
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Lets ride this train, on time just like the Singapore MRT, on time.
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Sry, but how did you know to short at the 38,2 and not wait for the 50-61,8 zone? Fundamental reasoning? What gave the clue?
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one of the rare trades i am with you. actually i sold kiwi 2 mins before i saw your post. that is giving me some extra confidence. thanks. good luck to all! maybe one little question: too aggressive to put sl just above that last candle? or maybe with some little extra position?
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Thanks for the heads up Jack, Im in..
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No comments becos you are a sharp shooter achieving targets against all odds
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thank you
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Hi Jack, do u think it might test 0.61% again due to NFP tomorrow?
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i dun know. perhaps.
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Your ideas are very simple and most of the time happen. Do you use any indicator or you just make decision based on CHART PATTERN?
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tntsunrise TOP habibzafari14
u can use rsi
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what will be s/l
+2 Reply
tntsunrise TOP PhaniKumar
when do you want to get out of the trade?
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Swerver PRO tntsunrise
Great answer..
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This week is crazy. NZDUSD should have filled us in.
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now testing 50 %
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we go short now??
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Rocketman PRO BrayanRush
look at the chart.
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Jack what do you think about stop loss for this trade approaching NFP? I am also short with a current stop just above the 618.
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Hello Sir,

Still active on your short entrey (last update) ?

GL 4 us!!!
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Rocketman PRO andrecomputero
yep
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tntsunrise TOP andrecomputero
i am still in
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I have the same idea
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yeah...many of us do. Is that a trap? hehe
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DharmaFX Rocketman
Could be but will all depend on NFP tonight :)
+3 Reply
shit happens ;-)
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:)
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it doesn't want to go more up because forex obeys only your charts ;)
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still short?
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Thank you very much, this is great work
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I used a mental stop in this trade and didn't get whipsawed, used a stop in another trade and my behind got whipsawed in half.
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Thanks Jack.... i shorted a bit late at .73250 and I'm glad i did. Nice work! How about sl and tp?
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Thank you Jack. Have demo account being doing very nice. Keep up the good work. Hope to join your course one day..
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great. waiting for u !
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Great work, Jack.
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watsonzou26 watsonzou26
BTW , Is your TP the same as before?
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Jack, do you scale into positions? 0.7270 - 0.7350 = 70 pips, apparently your stop level is way above 0.7350. With scale in and scale out, how should we calculate the reward/risk ratio? Thank you!
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multiple entry so that i can have a better price. i.e. my first entry at 7290 the SL is bigger but the lot size is smaller.
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hello sir i m still holding sell position in this pair so what u expect it goes up bcz it will give more chance to short
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Pls help. it is again about 0.7335. where is SL level. or we have to wait?
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SL at 0,7450
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Grafix GoldHunter
thank you.. i see now the resistance on daily chart 0.7353. i hope this pair go down. its moving with silber
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Any further feedback on this pair? It seems very resilient to moving to the downside.
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is this setup still valid?
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Pling!!
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the sound of my stops triggering
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Dinkan MrCheek
Hahahah, yes it is!!!!!!!!!!!
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Stop loss hit brother?
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shorts again?
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its touching the trend line , time to go down
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Martingala Trader???? RISK RISK RISK!!!!!!!! CAUTION FOLLOWERS!!!!
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omg. still short? or close the traide? :s
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Hi Jack

Will you post your idea about this pair for tomorrow on?
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I see ascending pattern on daily chart. It might be back soon. I guess
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You lost gracefully. That's trading. :) I was in the same trade.
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It take a real man to admit wrong, thanks Master Jack. I am also out of NZD/USD .
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its a crazy market today. im still in. 1lot more short at 0.7420. its crazy. RSI on 4H is over killed
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snapshot

can we say AB=CD
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Was a good plan.... till news hit.
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Grafix recepcem1984
price is so high. rsi is go down. this mean. NZD-USD coming with a crash down... that is the rule
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watsonzou26 recepcem1984
Good observation. That is interesting.
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It's just the time to make short positions
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Hi Jack. thank you very much. i learned patience from you. this trade begining crazy and i think its ending absolutley crazy to :)
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