Important fundamentals for the NOK during the next month. The Norwegian Central Bank today announced it will sell its foreign currency reserves to an daily amount of 700 millions NOK during the month of April. This is done to maintain the prescribed ...

Exotic currencies

This pair is looking very promising for entry into a short position. The set-up is very good. Currently on open signals there is a short entry signal. Also there is a divergence between price and what could be the consensus of the market. R:R 1:1 is ...

NZD/JPY

I am a customer with Hotforex. Just recently changed to their RAW account, that is supposed to be ECN. I had a short EURNOK position, that I entered yesterday evening. I set my SL. During the night it was low trading volume on the pair. Price with ...

Hotforex STP/ECN claims

Yeah, wise thing to do. Bad numbers from UK, the full effect might not come untill the FOMC release this evening. Regarding the minefield metaphor; I just heard a click under my foot. Now I am standing still.....

(binned per thread starter’s request)Asian and London Section In

Less than 4 hours left before the numbers and minutes from UK is released. When the current 4h candle closes, GBPNZD will close and establish itself above the EMA21 line. Still the highs from last friday hasn`t been crossed. When the Frankfurt ...

(binned per thread starter’s request)Asian and London Section In

Thanks man. I believe the GBP will strenghten tomorrow and NZD will weaken. I just try to follow the system. It might lead me past the mines

(binned per thread starter’s request)Asian and London Section In

It is like a minefield Still it is the path I choose to walk. I currently have three open positions. I am considering two more when the current 4h candle closes in 1 hour.

(binned per thread starter’s request)Asian and London Section In

GBPNZD 1h TF. More "liquidity" behind the current move upwards than last friday. The pair testing the EMA21 line on the 4h TF. image

(binned per thread starter’s request)Asian and London Section In

Have been trying to calculate what could be a good proxy to the liquidity streaming into the market. Most pairs I have checked on have been low the whole week. With all the news releases coming up, this is understandable. Below is a picture of the ...

(binned per thread starter’s request)Asian and London Section In

Decent numbers for the EUR. Still I have short entry for the pair. Closed longs opened short. image

EUR/CHF

GBPAUD this week has moved up 180 pips and now down 170 pips. This might be a sideways channel the pair will move inside. What is going on right now might be accumulation, this is just speculation from me, as I don`t know enough about it to base my ...

(binned per thread starter’s request)Asian and London Section In

My experience with most of the GBP pairs (except GBPUSD and EURGBP), is that you need a looser stop-loss, I tend to scale down positions with these pairs, unless the signals are very strong. My time horizon is normally the next movement I hopefully ...

(binned per thread starter’s request)Asian and London Section In

The pair has established itself above the EMA21 line and now support at 1.06250. The falling trendline now at 1.06800 and relatively weak resistance at 1.07000 are the next levels to be tested if the pair is to move higher. If broken 1.08000 are the ...

EUR/CHF

GBPAUD looking goood. The pair managed to to establish itself above the EMA21. I have resistance at 1.94610, it will need to be crossed as well. Dovish comment last night from the RBA about lowering the interest rate. This is something that is ...

(binned per thread starter’s request)Asian and London Section In

Entered long this morning. Increased the size of the position in the afternoon. Entry signal long, in accordance with long divergence (Picture below). image Short term target in picture below image Might consider to hold parts of the positon for ...

EUR/CHF

Entered long GBPNZD and long GBPAUD position at the close of the last candle. This is done on the 1h TF. Tipping my toes in the water before diving in. Scaled down both positions. If the water is nice and warm, at the close of the 4h candle in about ...

(binned per thread starter’s request)Asian and London Section In

I suppose you as well, would like to add them to your account Exciting week ahead

(binned per thread starter’s request)Asian and London Section In

If price continues to decline, around 400 pips further south price will encounter support and the trendline at the same time. Possible primary trend continuation of price and a good opportunity to go long on the pair. image

(binned per thread starter’s request)Asian and London Section In

Make or break for the GBPNZD in the coming week. Will it respect the support and stay above and trade at the 2.xxxxx level. Alternatively if it succesfully breaks support and continue to decline it will be traded at the 1.9xxxx level for the short ...

GBPNZD trading calls