wanadigital
Long

I SEE A BUTTERFLY AGAIN!!!

FX:EURNZD   Euro / New Zealand Dollar
I don't care how others use harmonics, i just here to make some money, thats all :)
So first I short it at C, and then buy it at D. I mean, if am confident enough to draw the C, why shouldn't i trade it as well?
Comment: @JunweiXie
Here is what i see on the Daily Chat:
Trade closed: target reached
Trade active
Trade closed: target reached: TP for Short Trade at C point was hit
Buy limit order was activated at D point
TP for Buy Trade at D point was hit

Congratulations to those of us to took both trades :)
Comment: Total Profit = 129.1 + 86.9 = 216 pips

Comments

what are your thoughts on the election results in new zealand? dont you think the nzd will decrease in value after what Peters said?
Reply
wanadigital JunweiXie
@JunweiXie, Well when we look at the daily chat stretching back to August 24 2015, anything is possible as is the case with any high impact news event but i am choosing to go with price action looking back to 10th May 2016. We are currently seating at that resistance level after an impulsive move to the upside on Thursday. We had a consolidation through friday at the current level, which my mean two things when the market opens on monday: either we will see a spike up towards the next resistance levels or we open with a gaper to the downside as a short-term correction the thursday impulse and then rally up. My bet is on the latter as you can see but regardless of what happens, there will be a big sell opportunity shortly after that will enable us to recoup any losses that we incur as a result of the news event.
Lets wait and see what happens.
Reply
JunweiXie wanadigital
@wanadigital, interesting, good luck to us both :)
Reply
wanadigital JunweiXie
@JunweiXie, Did you stay in the trade?
Reply
JunweiXie wanadigital
@wanadigital, i forgot to go in with your second trade -_-
Reply
JunweiXie wanadigital
@wanadigital, missed out all those pips man
Reply
wanadigital JunweiXie
@JunweiXie, Thats how it is man, you never know until its over :)
Reply
JunweiXie wanadigital
@wanadigital, meh i hit a home run with the first one anyways
Reply
you mean short?
Reply
Nojus mihail.makeev
@mihail.makeev, Judging by his analysis, first he short, than he long
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out