NZD ~ Bull Time ~ Over Next Few DaysI'm really liking the look of this projection for an impulse wave UP for NZDUSD.
The wave 2 retrace was just barely shy of 61.8%. Would have liked a touch, there, but it's close enough to play in my game.
Fib projected targets line up beautifully with visual support and resistance levels, as well as volume profile value areas and POCs.
I'm going to jump in and out of this, going long, for the next couple of trading days, when my algorithm signals!
Included pitchfork has some very accurate touches, visible on lower time frames. Check it out!
Kiwidollar
NZDUSD Kiwi Sell IdeaAfter we now have finished an equal lenght upmove pair we are right in the zone that looks interesting when you look left (i dont like to call that resistance or anything like that...).
We are at a decending trendline as well.
Look for the orgin of the downmove to determine where your stopploss must go.
Dont trade more than 1% risk.
Learn how to calculate lot size... or ask me...
This is not a trade call ;)
Good look.
4 Touch S/R Flip NZD/USDRecently had a 4 touch S/R flip. The Daily MS is bullish along with the current hourly. Setting limit orders to enter on a pullback on the top of the previous resistance. I have set take profit at first area of resistance, which will "pay" for half my stop. The next take profit is at the next Daily resistance.
Short it to the ground!Hey, too lazy to take screenshots of my trades and keep track of them on my PC :)
I think I am going to post some of these here, at least when I focus on bigger moves that take more than a couple of hours.
Now I cannot be dishonest trading view will always remember :o
There is something wrong in the matrix, I sense great trouble in the force. Stock markets are scary, margin debt is at a record of 650 bil, even inflation adjusted or as a percent of gdp it is at a record (remember this by George Soros “When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.”), people are running to safe assets mainly the dollar, twitter perma bulls are losing their minds also.
Well I am not going to list all the reasons, but basically usd should be stronger than nzd.
Yet NZD is going up? You joking right? This must be a bug in the matrix, soon to be corrected.
This could be a big winner. Going to depend how us china trade wars go, and what happens with equities (as a result possibly).
Also, this:
I feel good about this one. Probably miss it thought. But going it too early is not worth the risk, better miss out then.
Even if I don't get filled it is an experience to learn from.
Forgot, there is also tiny but positive carry for this.
NZDUSD series of trendlines There was a false break out to the upside, that was silenced by USD strength.
Currently this pair is now trading beneath both trendlines, which i have removed from this chart to prevent over crowding. The 4hr bullish trendline is still showing, with the pair now trading below it.
The pairs is printing lower highs, and the sellers are in control.
Given the fundamentals from NAFTA and re-negotiating the trade war tensions with china, this pair has a great setup.
The recent low of 0.65 will be monitored for scaling back or scaling more into the position.
NZDJPY Long The Kiwi Dollar has been pushing the Yen higher.
My previous short bias was stopped out, as the market ran straight through the bearish resistance line.
We now have a clean break to the upside, with several key levels the market will be hunting out.
There isn't a huge amount of protection to use as a stop loss guard, so this is a higher risk trade.
If we break 75.22 i will be looking at scaling in another position with a trailing stop.
Kiwi Dollar To Strengthen in Coming WeeksNew Zealand Dollar had been one of the weakest currency besides the pound for the past several weeks. As we look at the chart, this pair is inching close to break above the downtrend line extending back from the high of April this year. When that break happens, we can expect Kiwi Dollar to lead as the strongest currency in the upcoming weeks.
Happy Trading, folks!
Cheers!
NZDUSD further downtrend continuation before reversing?Gosh not much trending this week.
I hope NZDUSD won't join the clan of the sideways charts.
I got 8 alerts this week 8 in total. Out of 32 charts I watch for FX metal energy commodities.
Going to check stocks during the week maybe I find something interesting.
I think NZDUSD will hard bounce, but maybe it goes down some more before that.
No reason for it not to.
Well we'll see. It looks unsure undecided probably because every one is on holidays idk...
Better lock in profit fast if it moves down, just to make sure.
DMA20 is close, probably it reacts.
NZDUSD GREAT ShortNo surprise that the dollar has been strong over the last few months against the kiwi. Price has broken underneath a yearly support, and created a new resistance after test, It could still be a false break out, but if the price continues to drop this week, i believe we could see a nice 300 pip loss in the price of the kiwidollar. ***SIGNAL*** look for the next bearish engulfing candle on the 4hour or daily chart and go short with a Stop loss 10 pips above the new resistance channel.
As this being normal in the NZD, price could drop quick. Get in while you can to make sure you dont miss a fast 100 pip move






















