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Thread: Nzd/usd

  1. #1
    nancypants is offline Newbie
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    Default Nzd/usd

    I'm going long on this Baby!!!!


  2. #2
    didjerdu's Avatar
    didjerdu is offline Newbie
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    Default caution...

    Be careful...stochs overbought on a 4 H chart..RSI up and looking to fall for a retracement. Use Fib to follow then buy on a dip is my tactic. Tight stops needed. Trade with caution.
    S.

  3. #3
    DRA
    DRA is offline Superior Master Contributor and Member
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    Quote Originally Posted by nancypants View Post
    I'm going long on this Baby!!!!
    You mind stating why?

  4. #4
    trader123 is offline Banned Senior Member
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    Bollingerband is good for tracking NZD/USD.

  5. #5
    Pipcrawler's Avatar
    Pipcrawler is offline FX-Men Zombie Assassin Senior Member
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    on which timeframe would you use bollinger bands on NZD/USD?

  6. #6
    trader123 is offline Banned Senior Member
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    Quote Originally Posted by Pipcrawler View Post
    on which timeframe would you use bollinger bands on NZD/USD?
    3 months to 1 year.

  7. #7
    trader123 is offline Banned Senior Member
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    Now I'm looking for a level to short NZD/USD.

  8. #8
    Jason Rogers's Avatar
    Jason Rogers is offline Verified Broker Support and Analyst for FXCM FX-Men Honorary Member
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    Here's an interesting setup on NZD/USD. Was reading through this DailyFX article in the analyst arena thread US Dollar Carving Out Bottom Against Most Major Currencies and saw the NZD/USD outlook at the very bottom of the page. At first I thought the pending sell in NZD/USD was as terrible idea considering the uptrend, but if you look at a daily chart and draw fibonaccis, it's nearing hte 62% retracement level.


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