GBPNZD position closed by SL beeing hit. Support at 2.0050. I am still bullish on this one. The coming week all the major currencies has important fundamentals/news. Enough to move the markets. This currency pair is on the radar for the coming week..

GBPNZD trading calls

NZDJPY Also with this pair entry was made at the 1h TF. Entry at the close of candle when signals was in line with the direction on the 4h TF. image

GBPNZD trading calls

Long GBPNZD The 4h candle is due to close in half an hour. I have good signals at the 1h TF as well. Entered a long position 30 minutes ago. NZD is weakening aboard other pairs as well. Entered a short NZDJPY position 30 minutes ago. Again, normally ...

GBPNZD trading calls

So true. A friend of mine has been trading forex (employed) for the biggest bank in Norway for 17 years. You and he agrees on alot of things. What you write makes a lot of sense to me and are in accordance with what he tries to teach me. I have had ...

GBPNZD trading calls

I am happy you did well on the trade. I was very unsure when closing. It seems that I closed the position atleast 100 pips to early. My guess is that it will reach 2.01.... I am still short GBPAUD and long AUDCAD though...

GBPNZD trading calls

I am out. Closed the pos 321 pips profit.

GBPNZD trading calls

Time to get up. This is what the position look like right now. I miscalculated the support with about 70 pips. Former resistance had turned into the support. Using R:R thinking, price has 80 pips up to the R:R 1:2 level. 40 pips down to the R:R 1:3 ...

GBPNZD trading calls

Thanks man. I might take that advice onboard

GBPNZD trading calls

I read you on that man. It is a way to handle the risk:reward. I must consider what I have the stomach to do. It is all about that. I never do positions that unbalance me mentally. As long as I can have a slightly "i don`t care" attitude towards the ...

GBPNZD trading calls

Yes, every traders dilemma. Before going to bed, SL will be set to BE. I can`t lose on this by now. But there sure is a lot of uncertainity ahead. I geared up on this position. Normally I use 4:1. The advantage of trading the GBPNZD is that it is ...

GBPNZD trading calls

R:R 1:3 I think is acchievable. I have support a few pips below it. If this support breaks, I believe that 1:5 can be reached. It could very well turn against me at the 1:3 level. I will consider securing profits at the 1:1 level when price is ...

GBPNZD trading calls

Survived the first impact. Now Wheeler is next. Now it is more important than ever to stick to the plan. All my instincts (read fear and greed) just want to claim the profit. My plan is to follow the system and the plan. I don`t want to exit to ...

GBPNZD trading calls

I am leaving the computer, will check again at candle close. The price will dance erratically now. When the dust settles and if I am still in the trade, the most difficult phase starts. It is the exit of the postion. I have target set at 2.0109. At ...

GBPNZD trading calls

True, Resistance at 2.0850. If the candle closes above this level, it is better to be out. Forex trading would be very easy hadn`t it been for spikes/pins. One of the worst feelings is seeing your SL hit by a spike, when price afterwards goes in the ...

GBPNZD trading calls

True, this could venture further 200 pips upwards. Before a turn occurs. This pair is going to be volatile the next 18-19 hours. First off are the interest rate decison and monetary policy statement very soon. Later tonight Wheeler is holding a ...

GBPNZD trading calls

D1, H4 and H1 for me indicates bearish move ahead. The same with GBPAUD as well. The correlations between these two pairs are around 86%. Also fundamentals from Australia arriving tonight. The employment numbers will be released. This could be the ...

GBPNZD trading calls

GBPNZD, entered short pos two hours ago at the close of the previous 4h candle. Leverage 8:1. image

GBPNZD trading calls

I think you are going to nail this one. I completely agree with your analyse on this pair. We use different methods but the end result shows the same thing. The pair fails to beat the resistance at 94.00. The uptrend line and this resistance is ...

AUD/JPY

Entered short pos at 11 o`clock at price 93,61. SL set to 94,025. R:R 1:2 is encountered at around 92,75. R:R 1:3 at around 92,35. R:R 1:10 at around 89:35. image

AUD/JPY

With this pair I`ll be looking for a short entry in the coming week. The pair has been in a slightly bullish trend for the last four weeks. This is a secondary trend and the overall trend is bearish. First resistance is met at price around 94.00. If ...

AUD/JPY