FX:NZDUSD   New Zealand Dollar/U.S. Dollar
767 13 37
a year ago
We have a bullish cypher which formed, A good potential buy could be seen here.

Unbreakable Rules
1. Never add to a losing position.
2. Never risk more than 5 percent of your trading capital on any one trade.
3. Always have a protective stop in the market.


Guidelines
1. Never close a trade without a reason.
2. Take responsibility for your trades.
3. Markets that have higher lows are in uptrends. Markets that have lower highs are in downtrends.
4. Always do your analysis prior to the market open
a year ago
Comment: Stop loss hit!
a year ago
Trade closed: stop reached
BLUE43 TOP
a year ago
Well price has back down at 0.67360 and up after and now down that invalided a cypher pattern, but it doesnt mean that price can make some reverse from this point
+1 Reply
morshedul.sazid BLUE43
a year ago
Correct.
Reply
ganesa.ram morshedul.sazid
a year ago
I gave a buy order in nzdusd can i wait
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ganesa.ram ganesa.ram
a year ago
i gave a buy order at 0.67414 so can i stay in it or the market is going short oppurtunity
Reply
Alexander_Nikitin TOP BLUE43
a year ago
price first came down to 0,67344 wich was a bit higher than cypher entry. cypher entry was at 0,786XA wich was 0,67340. the first attempt didn't completed the cypher. now it is completed. but if your broker provided the quote of 0,67340 then you are right, your cypher already took its profits)
+1 Reply
morshedul.sazid Alexander_Nikitin
a year ago
Thanks for the explanation Alex :)
Reply
BLUE43 TOP morshedul.sazid
a year ago
now we have a butterfly on it
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morshedul.sazid BLUE43
a year ago
Sure we do, I do not trade the butterflies :) i was stopped out here, but its fine with me. :)
Reply
BLUE43 TOP Alexander_Nikitin
a year ago
its not a cypher bro maybe a butterfly
Reply
cperezmontilla BLUE43
a year ago
Im long in the NZDUSD also:

Perfect gartley pattern completion on nzdusd
+1 Reply
morshedul.sazid cperezmontilla
a year ago
looks good! :)
Reply
Alexander_Nikitin TOP morshedul.sazid
a year ago
no, it doesn't look good))
+1 Reply
cperezmontilla Alexander_Nikitin
a year ago
Any particular reason doesn't look good to you?, well the trade work for me it hit my first target with 120 pips profit...
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