Tom_Killick
Long

NZDUSD: Nice Long To Come Of This, But Be Cautious! #Forex

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
670 14 23
Friends

Nice long to potentially scoop up. But do so with caution.

Given you some action levels to consider on the chart.

Best of luck
Tom
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Youtube: https://www.youtube.com/channel/UCrKe1mbrc5cAj1BuuQNoyrA?nohtml5=False

Twitter: TomKillick1

Rebounds

moneymaking
a year ago
Hey Tom, Yes it better to go long AFTER market break structure. Also let tomorrow's Fed news go by before jumping into this. Great analysis mate. All the BEST :)
Reply
Tom_Killick moneymaking
a year ago
Yes, these factors are exactly why I think people need to proceed with caution. Especially if you're a technical oriented trader.

Regards
Tom
Reply
Tom_Killick moneymaking
a year ago
Saying that though, I bought in ages ago. Filled around 0.6620's. But thats not a recommendation of order price, just giving you my journal! :-)

Tom
Reply
moneymaking Tom_Killick
a year ago
Nice, early entry. Good Luck mate :)
Reply
I've been waiting for this bottom to materialize but I think it might be late, maybe short lived.
We'll have to see what Yellen does to be sure.
I'm not trading until right before the NY open, as a rule of mine.
Good entry btw ;)
Reply
moneymaking IvanLabrie
a year ago
Solid rule mate :)
Reply
IvanLabrie PRO moneymaking
a year ago
Started doing that and only trading usd pairs (hence the rule).
This one looks interesting, if gold rallies like I expect it to it'll be nice. (I want to fade the top)
Reply
Tom_Killick IvanLabrie
a year ago
Sorry Ivan just realised you Private messaged me earlier. I shall have a look at your messages now.

Tom
Reply
Tom_Killick IvanLabrie
a year ago
Ashame we didn't see continuation. I was hopeful :-(. What do you think about this pair Ivan?
Reply
IvanLabrie PRO Tom_Killick
a year ago
It's a perfect trend continuation scenario...at least until gold decides to correct like I expect it to and hit 1160+ -and my limit sell-.
Reply
IvanLabrie PRO IvanLabrie
a year ago
(In Elliott terms, looks like we saw a triangle thrust in gold, which makes me think this is an ending move, at least in the daily. Hence, a retracement is expected, helping nzdusd take a breather soon).

snapshot


Downtrend in effect, but viable to see a retrace soon.
+1 Reply
Daniel.B
a year ago
Very good analysis once more! The conservative entry does look like the best way to play this =) Thank's for the chart post Tom! Cheers =)
+1 Reply
Tom_Killick Daniel.B
a year ago
Thank you Daniel! :-)
Reply
amonsalam
a year ago
can I ask you, which platform you use or which platform you prefer to use?
tanks for u time
+1 Reply
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