TomProTrader
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
can I ask you, which platform you use or which platform you prefer to use?
tanks for u time
+1 Reply
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
Thank you Daniel! :-)
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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 ;)
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moneymaking IvanLabrie
Solid rule mate :)
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IvanLabrie PRO moneymaking
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)
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TomProTrader IvanLabrie
Sorry Ivan just realised you Private messaged me earlier. I shall have a look at your messages now.

Tom
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TomProTrader IvanLabrie
Ashame we didn't see continuation. I was hopeful :-(. What do you think about this pair Ivan?
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IvanLabrie PRO TomProTrader
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-.
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IvanLabrie PRO IvanLabrie
(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
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