NZ_Shareman

NZ_Shareman

Dropping like a stone Some what of a Pinbar above rejection to go higher as a rule Sellstops and Targets Hit at Reistence They normally drop back to previous levels 80% chnace EUR Deposit Facility Rate: Neutral impact (Actual met consensus). ECB Interest Rate Decision: Neutral impact (Actual met consensus). USD Continuing Jobless...

NZ_Shareman

CAD Interest Rate Decision Dropped by 0.25 % Pushed up then had the BOC Conference Blah Blah talk Then pushed back down Sharp Target Order Block 20 pips

NZ_Shareman

I see a Gap to be filled on MT4 They show up for various reason Very high chance will return to Fill it As it does in the Stock Market also Has nothing to do with any News or how's ya father Although they will make it appear it does Even if it doesn't make sense. They know 90% of traders have no idea about Fundamentals anywyay. Wycoff Pattern...

NZ_Shareman Updated 

Looks Like it's on the Move Pin Bar at the Bottom Usually a Very good sign it going up again Carry Trade scenario hasn't changed they still borrowing off Jappan basically overal consensus is it is going to go up feeling is strong. Profit for 1 Day: EUR 4.5% JPY 0.10% Profit for holding 100 lots of EUR/JPY overnight, based on the interest rate...

NZ_Shareman

Looking very weak Return to Previous Level Pattern clean Support RSI Multi Indicator all Down Ultra Metre All Red Quick Scalp

NZ_Shareman

CHF mainating Strength only 3:00 am got till 6:00 until they start to slow down. One more order block below after pull back into the 1 or both Fair Value Gaps- People Stops - Liquidity 38 pips if hit Something got them all excited today must be just a rush for money Sell off day fear of missing out. Happens once every 2 - 3 months I recon. Majority of...

NZ_Shareman

USD Jobless Claims tad Higher Negative for USD Higher Time Frames Very Bearish Little 20 Pip Scalp All Dollar pairs Selling Off All AUD and CHF Buying Just used USDCAD as was first one with easy potential Target

NZ_Shareman Updated 

Lots going on now Swiss Jappy USD All Selling off in Tandem After some long runs This is just what they do Un-Wind positions as they call it HnS on this pair 110% Guaranteed Everyone has seen it Always Always play out Also Heading for Order Block Below 5m and 4 hr Index's are both crossing over All indicators are Red at the Moment

NZ_Shareman

Example of trading NZ Open or wait for Aussey open Using Currency Strength Chart below by boitoki I could see after 2 hours that the NZD was heading lower Open is Actually 10:00 if u use Forex 24hr Clock But the New Day Starts at 9:00 so they still call that Asian Session or NZ open lets call it Pre open. 11:00 am u can get a good idea whats going...

NZ_Shareman

Best indicator on the Planet to see what Currency is Strong or Weak at any given time is the CPM Extended for MT4 and 5 Can often be fleeting surges but at least you know what's going on Also Ultra Metre Doesn't pay to trade against that Although is still a lagging indicator Ultra has an Alert I set it to 65 CPM doesn't which is a real shame

NZ_Shareman

Another Example of Un-winding Positions Nothing has Changed as far as Carry Trade goes but this is what they do Probably use latest News from Jappan Consumer Confidence to say "Hey we better Sell"

NZ_Shareman

NZD GBP already hit all time high where it was originally a few weeks ago before intervention. All jappy pairs are coreleated so they should all get there eventually Based on the correlations data from Myfxbook, here are the percentage correlations of NZD/JPY with other JPY pairs on a daily timeframe: AUD/JPY: 76.1% CAD/JPY: 89.2% CHF/JPY:...

NZ_Shareman

Another chance to try and get some money back Should have set Stops too 1-1 on last post Suggest give trades as much room to breath as possible Stike rate is what needs to be high Every time a Coconut I get Stopped out trying to be Clever OMG! Wycoff Pattern by the way one of the most reliable I have come across in conjunction with Strength...

NZ_Shareman

Out of Bounds Sudden Push up Into Resistance It shall Reverse These patterns play out all the time Nice quick scalp imho

NZ_Shareman Updated 

Wycoff to the Up Side imho Also one to the Down but i think Euro is Trending Up Indices should be going opposite directions Euro Economy is Stronger than CAD

NZ_Shareman

NZD has been strong against EURO for the last month and Target Oreder Block is Below spotted by my Kean Eye Tue 21st May : ) Support has been broken Pulled back into FVG Momentum Candle in play Key Points May 22, 2024: Reports emphasized the New Zealand Dollar's strength against the Euro, driven by New Zealand's economic performance and...

NZ_Shareman

Vix is down Pattern Bullish Key Points Federal Reserve Rate Cuts: Anticipated rate cuts in the second half of 2024 are expected to boost market liquidity and support stock prices. Tech Stock Performance: Projected 25% gains in technology stocks, driven by advancements in AI, are set to propel the Nasdaq higher​. Election Year Boost: Historical trends...

NZ_Shareman

Looking Bearish After recently using Replay and trading Wycoff Patterns this jumps out as a Return to Blue Bar to the Left. We have had Break of Structure FVG is Bearish Lets See : )