nsawa
Short

NZD/USD - Short - Daily

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
A potential shorting opportunity on the NZD/USD             assuming today closes as a rejection doji.
The range is quite tight with an overall bearish trend
russelldaily
a year ago
Good analysis. It would be my druthers to put the entry below the doji tail. In my opinion, dojis are a powerful trading tool. I use them for entries, exits, and places to move my stops.
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nsawa russelldaily
a year ago
Thank you for the comment. When you say "put the entry below the doji tail", do you mean in the area where I have placed my stop loss?? or is it the inside the open/close area of the candle, or far below the doji in a stop order??
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russelldaily
a year ago
At about the .6402. That is just below the last doji tail.
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russelldaily russelldaily
a year ago
My mistake. At about the .6380 area.
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nsawa russelldaily
a year ago
Ok, thanks, I think I should go to the lower time-frames to get better views on these, well this week it opened higher and triggered my stop loss, that's that.
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