Eventually I closed my UJ short, it was at more than 200% ADR, it can go down even further but I must be disciplined and avoid unnecessary greed.

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Hi Davit, I'm still on it because I missed WS61 that is probably the right spot to close where you reaped your profit, because as you remember we are trading swings . Now I have to wait again- 100% agree on NZD, now is trading ...

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And on Thursday after OPEC Meetings we can get a better view.

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NZD is a lesson in experience and the real demonstration that anything can happen. There are no news on the horizon but for months NZD is everyday the strongest currency. As Davit says, it has become the new safe haven, and this is also evident from ...

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Hi WGChina, as said still stuck in it.

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So true. As for myself, due a mix of greed and avoiding to take a "reasonable" and fair profit at swing completion I'm still stuck on UJ short going nowhere and subtracting useful margin.

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I begin to think it's more about the weakness of other currencies, take CAD for example, besides oil drop today's GDP printed red too.

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Agree 100% on M. Douglas videos and books too.

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Not sure what you mean, for me this US dollar stike back means keep holding my UJ short around BE while I could take profit when previous swing went down by about 20-days ADR.

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And US dollar is back once again, USDX approaching level 97.

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Currently there are some good setups on paper with pairs trading at their extremes and possibly close to a turn. Besides GA, GN too is a option as well but entering trades on pound before next 11 December is a big risk because outcome of Brexit deal ...

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OK, this is an acceptable reading key. Thank you, Bubincka

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I have some NZD shorts open and in DD but everything under control, of course expecting reversal and decrease in NZD strength that I still find hard to understand where it comes from-

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Hi WGChina, yesterday I could take some short trades on UJ having set sell stop orders because at the time of Powell's speech I was on a train with almost no connection capabilities. In the meanwhile I've missed UC short because I didn't enter any ...

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Yes, selling the US dollar against Yen is expensive, reason why entries should be small and/or well calibrated to avoid holding it for long paying swaps.

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I already took some small short positions on UJ, maybe a bit early. Fib 78 retracement definitely cleared out and PA is a few pips away from WR138. Dollar index is approaching WR100 level that was already broken on last 12 November, US dollar is ...

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Hi Gamagedara, I just tried myself and actually applying template in page #1 Fib Pivots don't show up. If you take a look in the Expert tab you'll see a line like this: "cannot open file 'C:\Your_MT4_Root\MQL4\indicators\Davits Pivot V3.2 ...

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For the moment 78 Fib it's holding, again we have to rely upon PA and tomorrow USD news. At the same time I'm beginning to watch at EN.

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It seems to be a period during which red news outcome are overlooked, release is red but dollar has broken WR100. Today Clarida's declaration was difficult to read if dovish or hawkish at least for me so the best we can do is to carefully watch PA ...

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Hi TightStops, thank you for your comment. Technically speaking there's no doubt that main trend for AN is down even if close to a probable reversal, my question (and curiosity) is addressed to discover which are the ...

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