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Aussiekiwi

AUDNZD Long Trade IdeaA 'buy' trade idea recently presented itself on the Aussie-Kiwi trading chart, following the bullish harami candlestick pattern at the end of the bearish move just above the 1.09788 daily horizontal support level. This signals a change in trend to the upward direction. With entry at the 1.09791 price level and a stop of 1.09571 (22.0 pips), a reward-to-risk ratio of 3.55 is possible if you set your target at 1.10571 (78.0 pips). Please check with your trade setup before placing trades. To your trading success! Your FX Plug
Long
by charles-okoukoni
AUDNZD - Last trade idea for this yr! 🎁Yes, this is my last trade idea for this yr...! AUDNZD, Hit my target perfectly this week - 200 EMA. Great way to end this week! It's getting to end of the yr now, keep that in mind whilst trading. Technical view, daily time-frame: Broke out of smaller inner channel hit the 161.8 Fib Area, as well as inverse H&S Reached target so we could fade, now we could go towards the support area of: 1.07419 Or we could go to the next Fib retracement area of 2.618 areas : 1.07610 - 1.07800. Now how do you approach this trade you might be thinking: You can add an alert or limit orders on how you approach this trade, really does depend on your trade plan - Go to a lower time-frame for greater R/R. Guys keep an eye on GBPUSD and check my latest post on that - If I find anything interesting on that I will be posting it privately on the various groups I am part of. It's has been an unusual great year for me - I know it hasn't been easy for many people out there - but don't give up especially don't give up on becoming a great trader - it's the best career to ever have! I will be back the first week of next yr with plenty of great high conviction trading set ups! And if you guys have any requests - Private message me, I have really enjoyed the great comments and private messages I have received I am very grateful- thank you! 🎄 Happy Holidays & Have a great yr ahead- Ready to conquer 2021 with great trades! 🎁 All the best, Trade Journal
by Trade_Journal
2
AUD/NZD Monthly Candlesticks & Ichimoku ChartWith the Reserve Bank of New Zealand (RBNZ) explicitly expressing their intention to weaken the currency and willing to contemplate negative interest rates and purchasing foreign assets if required, the NZD is likely to continue on a weakening path. The Reserve Bank of Australia (RBA), on the other hand, expressed their wish to see AUD lower but would not say that AUD is currently overvalued and is unwillingly to contemplate negative rates at this point. This means that AUD will continue to outperform the NZD in the weeks and months ahead. AUDNZD is breaking above the monthly Ichimoku cloud. A close above the cloud would be the first since early 2013. The start of this uptrend is likely to bring the pair above 1.20 and may even test 1.30 in the longer term.
Long
by TrackRecordTrading
1
AUDNZD Double Bottom With A Trend Line BreakThe Weekly and Daily Time Frame are all bullish in middle of making their way up to resistance, coming from a strong solid support, the weekly time frame had scored a point and pulled back but I still believe that this is going up higher. the market has formed a double bottom and already broke the counter trend line Im going to wait for the market to pull back then im going to enter and im going to watch out at the resistance level if it breaks through it or if its going to stop and further consolidate, bigger picture this should break out to the north.
Long
by ElyaStein
AUDNZD Buy Trade - SHARK PATTERN SHARK pattern on AUDNZD - Long Opportunity ENTRY1: 1.05309 ENTRY2: 1.05461 SL: 1.05202 TP1: 1.05627 TP2: 1.05830 TP3: 1.06156 !!!DISCLAIMER!!! Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital. These derivatives may not be suitable for all investors. The information contained here is general in nature, provided without reference to your past, present or future financial situation. This information is general in nature and does not constitute advice or a recommendation to act upon the information or an offer.
Long
by FXDeskASRW
SHORT AUDNZD - STRAT TRADE: 99.5% PROBABILITY OF REVERSALSHORT AUDNZD: 1. Based on the last 16yrs of daily close data (since 01/01/2000 to date) AUDNZD has a cumulative probability of a =>7th day lower at 0.5%, hence there is a implied 99.5% chance of reversal on the daily. 2. Technically there is also some nice structure about the 1.045 level. Trading Strategy: 1. Sell AUDNZD at market in 1xlot, and add 2x on each daily close lower from here. Start in VERY small lots to reduce risk and ensure you can add on adverse moves lower (it could be several days). TP is the next/ First daily close higher. Any questions please ask - also see performance attached of recent trades using the same stats
Short
by QuantumLogicTrading
8
SHORT AUDNZD - STRAT TRADE: 99.5% PROBABILITY OF REVERSALSHORT AUDNZD: 1. Based on the last 16yrs of daily close data (since 01/01/2000 to date) AUDNZD has a cumulative probability of a =>7th day lower at 0.5%, hence there is a implied 99.5% chance of reversal on the daily. 2. Technically there is also some nice structure about the 1.045 level. Trading Strategy: 1. Sell AUDNZD at market in 1xlot, and add 2x on each daily close lower from here. Start in VERY small lots to reduce risk and ensure you can add on adverse moves lower (it could be several days). TP is the next/ First daily close higher. Any questions please ask - also see performance attached of recent trades using the same stats
Short
by QuantumLogicTrading
AUDNZD - STAT TRADE: BUY AFTER A 5TH DAY OF SELLING; P=98.7%AUDNZD: 1. Aussie kiwi has been aggressively sold lower for the last 8/9 days, with the bullday being only 4pips higher (pretty much 9 straight days of selling) and most recently the last 4 days have been pure consecutive closes lower. 2. Statistically, after analysing the last 16.5yrs of data it shows the probability of a 5th day or more of selling is 3% which means there is an implied 32/33/ 97% chance that we move higher on the next day, these odds arent too great so I suggust NOT buying on open, instead lets wait and see if we can get another close lower on the daily that takes us into the strong support zone at 1.041/3 - then this will mean buying the probability that a 6th or more day of selling occurs which is 1.3% or an implied chance of 98.7% or 99/100 that the price will go up on the 6th day Trading strategy - AUDNZD wait for monday to close lower at 1.041/3 and buy tuesdays open: 1. I advise buying aussie here after the 5th day lower as the 6th day has a 98.7% chance of moving higher, after a 5th day of selling, the odds are good and I will take part in this.
Long
by QuantumLogicTrading
5