NickWei

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About me Forex trading since 2008. I use trend lines and MA only. Simple but it works !!
Joined
Markets Allocation
100 % forex
Top Mentioned Symbols
EURJPY 33% | 1 AUDUSD 33% | 1 AUDNZD 33% | 1
NickWei NickWei AUDUSD, D, Long ,
AUDUSD: Waiting for AUDUSD Flag breakout
22 0 2
AUDUSD, D Long
Waiting for AUDUSD Flag breakout

AUDUSD in a flag formation waiting to choose a direction. I bet long, buy stop when break out the upper side of the flag at around 0.7770 and TP at around 0.7990 which is the target measured within the flag.

NickWei NickWei AUDNZD, 240,
AUDNZD: AUDNZD reversal LONG
36 0 1
AUDNZD, 240
AUDNZD reversal LONG

AUDNZD reversal due to fundamental change ( I am technical trader, no much to share about this) All MAs supporting the price to go up, will try to hold my positions longer if possible.

NickWei NickWei EURJPY, 240, Short ,
EURJPY: Sell EUR/JPY
37 0 2
EURJPY, 240 Short
Sell EUR/JPY

Broken trend line from June and retested, downtrend confirmed. Selling at mid-20day BB, TP close to previous low for a quick profit. Or hold half and see how it goes. Next support still far away.

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