Fxprotrader
Short

NZDUSD: Two Many Reasons To Go Short

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
5 months ago
Triple top, slide parallel of a median line and the 1.27 extention of a previous impulsive wave all meet in a level where price looks like is being rejected. A RSI beaish divergence shows that this upmove may have come to end.

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5 months ago
Trade closed: target reached: Move your stoploss at BE to second position. I expect this pair to sell off so it would be a nice idea if to trail your second position and let your profits run as far as it goes. I will try to manage it here in this chart and keep you updated.
5 months ago
Comment: Second setup closed as price reached stoploss at breakeven (breakeven is always fine :)
5 months ago
Comment: I just saw the title of this post and my jaw dropped.. I meant to write "Too many..." and not "Two many.."
English is not my native language but this a funny mistake.
fxfxfx
5 months ago
SHORT, let's see :)
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Gluckmann
5 months ago
Agree bro, have not triggered yet though :(
NU (4h) -  Short
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happyluckydog
5 months ago
thank for your comment , . short at 0.7339. When should I leave market?
your further comment is highly appreciated.
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Fxprotrader happyluckydog
5 months ago
You may aim for profit as the profit targets in the chart. Another option is to trail your stoploss.
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happyluckydog Fxprotrader
5 months ago
great , thanks. 1st target :0.72161, the green zone. correct?
thanks again.
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maxplan007 happyluckydog
5 months ago
agin
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Fxprotrader maxplan007
5 months ago
What is agin?
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fxfxfx Fxprotrader
5 months ago
it is either "again" or "aging" :P
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Fxprotrader fxfxfx
5 months ago
:)
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maxplan007 Fxprotrader
5 months ago
snapshot
Bat point of C
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Fxprotrader maxplan007
5 months ago
You can't be sure about that.. It might rallies more and exceed A point. Thanks for sharing :)
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fxfxfx
5 months ago
NZD is a beast.. break even in this one but closer to the second target in EURNZD short!
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Fxprotrader fxfxfx
5 months ago
Breakeven means no loss, which is the first thing we should have in mind. Yes EURNZD goes fine :)
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Barad
5 months ago
Dear Fxprotrader, I was wondering why did you chose that particular Take Profit level? It was an exceptional accuracy. Thank you
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Fxprotrader Barad
5 months ago
You probably mean the first target, as the second stopped at breakeven. I always choose my profit targets based on structure..
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Sapphira
5 months ago
Don't worry. It's cute:)
Thanks for the post.
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Fxprotrader Sapphira
5 months ago
You are welcome :)
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gfknn5
5 months ago
hahaha
that OK for the english
thank you for the predict.
+1 Reply
great job
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it's a perfect set up in every way.
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kidbroge
5 months ago
You know something I teach English and I didn't catch that, Ha!
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Fxprotrader kidbroge
5 months ago
Haha, thank you..!
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