Get started

Kiwidollarshort

FEB 26TH - MARCH 5TH TRADE PLAN FOR #NZDCHF? GOOD DAY SUNDAY TRADERS! From the desk of The Trading Regime, we have discovered an opportunity for NZDCHF. Here are some simple reasons for taking a trade to the downside on this pair: Weekly Bearish price action candlestick with closure to the bear side Break in Daily Structure Daily Bearish Engulfing candle Potential correction in CHF currency this week. OANDA:NZDCHF As always, risk no more than 1-3% per trade, and don't risk more than you're afraid to lose. The Trading Regime.
Short
by EvaultFinancialGroup
NZDUSD SHORT: Fundamental and TechnicalNZDUSD touched a 14-month high yesterday at 0.7344. However, I believe it is overpriced, because: Fundamentally: the RBNZ are in a easing cycle, and cut rates at their last meeting. However, RBNZ struggled to devalue the NZD with their rate cut. Thus, I believe they will take a different approach in the coming months to devalue the NZD - perhaps in the way of a 'surprise' cut. Technically: NZDUSD shows strong divergence on a 4H chart. It retreated quickly after touching the 14-month high above 0.734. There is strong resistance in the 0.733-0.734 zone. This is confirmed by the last rejection from this zone in mid-July, where the Kiwi retraced back to 0.70 in the following 2 weeks. Summary: Below 0.735, NZDUSD is set for a move back to the 0.70 handle. A break of 0.735 would expose more upside in the pair. However, any gains above 0.735, for example to 0.75, should be short-lived.
Short
by Exercise-Discipline
NZDUSD Daily Outlook + TCT+ Bat PatternNZDUSD has been in a downtrend on the Daily chart for a very long time. We may be in the middle of another retracement giving us a great opportunity short into strength. This will be a Huge trade and would require a 350 Pip Stoploss. But the Reward is over 1,200 Pips. This is an excellent opportunity for a Position Trader as it will take months to play out. I have made a "Kill Zone" using a variety of technical patterns. 1. We have a Bat Pattern completion @ .7565 2. ABCD Pattern (just barely makes into my kill zone) completion @ .7414 along with the 78.6% Fib Retrace 3. 1.618% Ext - Pulled from lows to B leg of Bat Pattern. It has a nice confluence with the Bat Pattern This will be a HIGH CTS (Combined Technical Score) trade IF market will push back up there. Best of Luck!
Short
by PateSkpate