Showing posts with label NZDUSD. Show all posts
Showing posts with label NZDUSD. Show all posts

Thursday, 7 August 2014

Saturday, 2 August 2014

Updates on trades taken in July

GBPJPY Long: Trade in play.

GBPJPY Short: Trade in play. Price currently at 172.501, and looks all set to hit 172.288 target level, moving stops to BE. New long positions from here will add more strength to the previous long trade idea posted.

NZDUSD Short: Trade closed. Entry was at 0.8698 with a profit of 208 Pips and this was a few hours before the RBNZ interest rate hike release.

NZDUSD - Short Trade Result
There was also a short on NZDJPY targeting 86.9 selling at 88.4, this gave a very decent 1.5 Pips (or about 150 pips).

EURCAD Short: Trade waiting to be triggered.

EURUSD: Price has started its rally so waiting for the short orders to be triggered.

GBPAUD: Trade is continuing to play out. Will make a fresh update on this.

Want to learn how to trade with Renko Charts? Click here to learn more!

Thursday, 24 July 2014

GBPJPY - Short Term high probability trade

Short GBPJPY at market, targeting 172.288. Add a new long position at the target, to exit at 174.788. This is in addition to my previous GBPJPY trade posted here.

In other news, NZDUSD moved like a stallion as expected. 0.858 isn't too far away. There was also a good shorting opportunity on NZDJPY, targeting 86.9. But it would be a bit too late to sell now, unless there is a significant pullback.

Sorry no charts on these posts.

Wednesday, 23 July 2014

NZDUSD Before RBNZ news

Massive divergence.... Targeting 858 and 849....

Its 22:30 where i am, so posting this from my ipad. Will update with charts tomorrow.

Wednesday, 4 June 2014

NZDUSD - Shaping up for a bigger break out??

NZDUSD has been mostly ranging on the Renko chart but seems to have recently broken out of it. Price looks to be retracing to find support at the breakout of 0.8364.

NZDUSD - Renko

While its hard to explain the levels, a buy order at 0.83334 with stops at 0.80765 targeting 0.9336 should be a good trade with +ve swaps along the way. It might take a very long time... perhaps Q3 of 2014 for this trade to be done with, so patience is essential.