AUDNZD: A limited downside approach. NZDCHF is facing stiff resistance at 200MA (weekly) and 20MA )monthly. NZDCAD rejected at 200MA NZDUSD rejected at 0.6820 its 100EMA Trade idea: AUDNZD: Buy between market rate (cmp 1.0710) -1.0650 use stop loss below 1.0620 targets 1.0840 and 1.0880Longby KeytoMarkets0
Price action trading inside a trianglePrice action trading inside a triangle on weekly time frame. Looks a likes bears may push price down to the bottom of triangle(lower line sum support line). It also look likes that HS pattern on the same time frame is being formed. Therefore, if neckline of HS Pattern is broken, it may give us more pips in the long run. I will separately post the chart for H-S Pattern (which is in the making) for this pair. SELL NOW, SL@1.885, TP@1.663Shortby realstarks.fx0
AUDNZD SELL FOR WEEKLEY INCOME TRADER.- ALERT SIGNAL FOR POSITIONAL TRADE ALERT SIGNAL DATE -14/10/2018 SELL ENTRY 1 - 1.09559 SELL ENTRY 2 - 1.09814 STOPLOSS- 1.10042 TARGET 1 - 1.09307 TARGET 2 - 1.09041 Hit like, comment and follow for more profitable Trades. Happy trading. THANK YOU HOW WEEKLEY WIT SIGNAL IS VALID FOR DAILY INCOME TRADER(DIT) 1,IT IS VALID UPTO 24 HOURS,ONCE IT HITS THE ENTRY 2,ONCE PAIR CROSSED 10 PIPS,MOVE YOUR TRAILING STOPLOSS TO 2 BREAKEVEN OR ENTRY 3, WAIT FOR TARGET OR EXIT AT YOUR OWN COMFORT MONEY MANAGEMENT RULES Let’s say, If you have 1000 USD trading balance, you can use Maximum 0.10 lot (0.02+0.03+0.05 = 0.10 lot is the addition of all your open trade lot sizes). 0.10 lot should be your maximum open lot on your 1000$ trading account. 10,000 USD balance = 1 lot maximum (Example : 0.25 lot x 4 orders = 1 lot) 50,000 USD balance = 5 lot maximum (Example : 1 lot x 5 orders = 5 lot) If you are more emotional(tension, sad, greedy) while trading, You can change your leverage below 1:50 to control your emotions. *SUBJECTED TO MARKET RISK Understanding the importance of each or these trading rules, and how they work together, can help traders establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of success in a very competitive arena. Personally, I like to use a system that has the highest reward to risk, which means that I tend to look for turning points at support and resistance levels because these are the points where it is easiest to identify and quantify the risk. Support is not always strong enough to stop a falling market, nor is resistance always strong enough to turn back an advance in prices. However, a system can be built around the concept of support and resistance to give a trader the edge required to be profitable. THANK YOU TEAM FXSIGNAL] Shortby E_R_S0
AUD/NZD Technical analysisThe AUD/NZD pair is currently in an ascending channel formation. It is currently taking support at its supportive trend line. Hence we expect the pair to bounce back strongly from this zone. Conservative traders can go long once it breaches the resistance line. Longby traderpulse0
AUDNZDRBNZ monetary policy statement impact has completed the pattern we have expected earlier. Currently we are anticpating a wave down to complete a 3 wave correction. This wave can happen anytime now. It may be impulsive or corrective in nature. The medium term is short with a TP of about 200 - 250 pips and SL of 100 - 150 pips. Expected duration of the trade is 30 days. Aggresive entry is at the current price now. It carries a higher degree of risk which is not suitable for most of the traders unless you know how to manage it. This idea will be updated daily.Shortby Lazly_AntonyUpdated 2
AUDNZD: Central banks divergence supporting the crossWith the quiet wage growth and low inflation, the RBA likely to paint a neutral color in August meeting. With the low inflation, we expect the RBNZ is expected to keep the OCR at 1.75%. The bulls should hold the 1.0850 to continue the uptrend to 1.1020 and 1.1070-1.1100 with potential resistance exists at the 61.8% and 80.0% fib reactions.Longby KeytoMarketsUpdated 1
The same way as last timeIf YPP (P) 1.08720 functions as a support line, think long. The first limit is WePP (R1) 1.09559 The second limit is 1.10000 I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thick line: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding round number. Red thick line: Untrustworthy line for me Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------Longby fondieaUpdated 1110
Is YPP (P) still reliable?If it judges that YPP (P) functions as support, it will be long. The first limit is WePP (P) The second limit is near the most high value of 1.09800 I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thick line: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding round number. Red thick line: Untrustworthy line for me Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------Longby fondieaUpdated 7
pullback ?the price seeks to reverse the previous bullish guideline and possibly consolidate to double top, our strategy is as follows: MODERATE SALES BELOW 1.091, THEN SELL BELOW 1.085 to OBJECTIVES MARKED Shortby JAG_Trader0
Bearish Cypher on AUDNZDHey! A little late in posting this one, thought I'd let it get close and post but was away from the computer. The stock is near the stop I had expected, but hasn't hit it yet. Can go short at Current Price Levels with just a 5 pips stop. Targets can be : Entry level at 1.04490 & Cypher target at 1.04182 Stop: 1.04198 This can also be looked at a possible double top. RegardsShortby SaleemJunedLalaUpdated 1
AUDNZDBearish Divergence is seen in the hourly chart. We can short this as per the risk reward in indicate.Shortby inderjeet05Updated 0