You found this great threat, I’m sure you can find a mentor too.
'Best
Hi guys i’m into NZD USD trade and it seems it’s not going my way. The pin looked good and the pair is ranging with FTA away enough to give the trade some room.
Now there was a big gap down on sunday opening time and i wonder how you senior guys analyse these sort of situation. I think i might have missed something on my trade analysis.
Cheers
sorry whats Best ? Please PM me if you want to suggest any one ? I am happy to take ideas.
I am on that trade as well. That fitted the crietari to pin bar. I love to know if there is some thing i didnt consider ?
Hi ddi,
I think this setup was discussed on friday or During the Weekend. I wish we had an In Depth discussion about this particular setup. Here is my analysis on this;
NZD/USD Daily
After having a closer look at the pinbar you’d realise that the pinbar did not close within 1/3 of it’s length. On top of that FTA was pretty close and as you can see price touched that level and bounced.
However there is still plenty space for your trade to play out and for price to take it’s anticipated direction.
'Best
'Best ; is the new way to sign off in style! and means ‘All the best’
We might be up for another treat from Aud/Nzd;
Now with support turning resistance and all that momentum on it’s back. AUD/NZD is offering another opportunity to trade with the momentum. Only concern is the little noise that was created overnight. Let’s see how this 8h pinbar plays out.
'Best
Generally speaking, price doesn’t move in a straight line and quite often will retest S/R level before heading in a direction.
So don’t lose hope yet. The hardest part of trading is being patient;
the quality of being patient, as the bearing of provocation, annoyance, misfortune, or pain, without complaint, loss of temper, irritation, or the like.
The market doesn’t care if your happy or sad, so you must be stoic to emotionally survive the ups and down.
Darth
a question . I’ve marked my level on daily TF and I was looking for it to be closed a bit higher on resistance .
the chart you’ve attached , your level is much lower . How did you mark you level ?
Thanks
Guys, I’m watching something, what do you think?
A 2BR at a longtime resistance, just needs to close today’s bar. The 3 targets are the 3 support zones below the PA. And also, I know that according to our rules we don’t consider trades by the morning star candlestick pattern, but it’s a classic formation of that in the GBP/CHF, I’d also want to know what you think about it
I have the same KHL as abc2005 on AUD/NZD…I draw the Fib levels also.
I didn’t realize about the other important level around 1.067.
[B]@ddi[/B], relax! 
I am too in NZDUSD, Price is holding and hopefully will go down soon.
My advise, just let your SL or TP do the job. Best
yeah i need to relax this is because my last few trades turned out to be not successful…anyway my SL is there so everything is in control
I also like NZDUSD for a short where is at now, but i would put a large S/L to make sure i don’t get taken out.
hi kasravi
After seeing the chart you posted from FSO I am having some confusion/confidence issues with my S/R lines placements. With the AUDNZD chart that is being discussed, my S/R lines appear to be not quite right. Others appear have placed similar S/R levels to me. The blue line is what I determine as FTA
On your chart there is a S/R line drawn at 1.0673. To me that is an FTA, not a swing low/high. —AH hold that thought–is it marked as a Support line because that area used to be resistance, price broke up through and so now it becomes support. Is this correct?
We seem to agree that the two lower areas should be marked, but thought of as what? S/R or FTA?
The top resistance area is where we really differ.
Any guidance is appreciated
Kiwiman
Guys, I am in NZDUSD as well, so fingers crossed… Good luck y’all!
I’m on the NZD/USD too…being patient.
What do you guys thing about the 2 Bar Reversal on XAU/USD?. I think it is counter trend, I’ll not take it, but I want to hear opinions about it:
Is that a valid bullish engulfing bar on USD/JPY daily. i am not taking it because lot of traffic on the left
Can some please help me how i can post large images.
This is what i do
- print screen the meta trader
- paste it on paint
- attach it to the forum
I wouldn’t take NZD/USD It’S RANGING so the outcome is 50/50 no matter how pretty is that pinbar. Maybe it would turn out well but I consider it risky.