Following my last post on this pair from yesterday, my second profit target was just hit a few minutes ago giving us a total of 80 pips on both position www.tradewithme.co.uk
This is probably the best trade set-up of the day for me in terms structure. The market has come back to test a trend line resistance now turned support and at the same time completing a bullish cypher where there is a lot of structure looking left. The Risk:Reward ratio is more than 1:1 so let's hope for a winner. www.youtube.com tradewithme.co.uk
Self explanatory *Stoch O.S *ADX converging *ADX str line needs to move above 20 for a trigger
Cypher Pattern formed, we will go long with Target profit of 81.15
I am going to get bullish here first thing market opens. This pair has formed and reverse head and shoulder pattern indicating a turn of events for an uptrend. I know many traders short on this pair. It is time to cut losses as I do not see it going short ut upward given the left shoulder it formed on the 26th of July 2015 and the head on the 7th of September 2015...
I just wanted to let any interested traders of my pick of the day, NZDJPY is already on it's BEARISH FLAG in a RETRACEMENT ACT DOWNWARDS. This is a nice opportunity to short this pair. Details on the chart. Happy pipping everyone. Regards, Forexgod. FOLLOW ME ON INSTRAGRAM (Forexgod_) ***DISCLAIMER*** I am not offering any financial advice. Always do your...
A Break Of Hourly Resistance Was Made From Strong Weekly Bounce Price Above 20, 50 And 200 MA In Hourly Price Pulled Back To Support (Which Was Previous Resistance) Price Has Made A Strong Break Of Marked "Trouble Area" In Hourly Trade Now Running Risk Free Weekly Pin Bar Formed On Key W Support Which Confirmed Long In Hourly Chart New Zealand Dollar...
Learn 2 trade like a pro - boafx.com - The rate decision is expected to show a further cut to the RBNZ rate bringing it down to 1.75% - however the NZD has sold off considerably over the past months and WE COULD SEE A RALLY REGARDLESS OF THE RATE DECISION TONIGHT. I think the RBNZ will be more hawkish in their statement than expected and any initial move down will...