GBP/NZD moving slow today? Why?

Yeah Eddie, I had to bail on it, my signal bottomed out risk wise, it will probably fall thru the floor, but still got 1.5% gain on it,.

Best of luck to ya NOW, lol…

Sitting on 54% gain today, dont want to push the envelope more then i have too, you know how that goes,

I know its micro, but its practice. When I get to 100%, ( 97.4% currently ) Im throwing in $20, which could be in the next hour. Still looking for reasonable trade opportunity.


[QUOTE=“MoneyNVRSleeps;717413”]I know its micro, but its practice. When I get to 100%, ( 97.4% currently ) Im throwing in $20, which could be in the next hour. Still looking for reasonable trade opportunity. <img src=“301 Moved Permanently”/>[/QUOTE]

Genuinely, Good luck money,

How long have you been trading that account?. To my mind positivity breeds positive results and your posts alway seem to be very positive.

If you can scale that up when the time comes you’ll smash it!.

All the best

Shy.

Hi Shy, without derailing this great thread, let me just say, first off, this account almost 5 years. Very little cash to throw around, so I practice as much as I can, and when I hit 100% of a current run, I try to deposit some cash. After making some adjustments to GBPNZD since Thurday the 14th, Im up 97%.

My initial goal was 25% a day, that was 5 years ago, from the first week in my Forex career. Now, Im almost there. I lost very little cash, ( under $300 over the course of the 5 years. )

Ive never traded this pair before, but spend a month one different pairs to get accustomed to different types of movement, fakeouts, whips, ex. and Ive found that this pair is kinda easy to read.

knock on wood.

Still have some feeling out to do, but so far so good.

Wish you an abundance of pips yourself Shy!!

Absolutely agree don’t want to throw this awesome thread off track at all. Was just curious and thought I’d ask.

Sounds good money, you’ve got more patience than me!!.

Hope pipmehappy didn’t mind me asking.

Shy.

did it, 102.5%, 58% today,

looking to see what happens with this retest of the 11am move this morning, and bounce off yesterdays Low.

But like I said, looking at 2.11 so Buys are going to be risky for me, unless we see 400 pip swing,

[QUOTE=“MoneyNVRSleeps;717445”]did it, 102.5%, 58% today, looking to see what happens with this retest of the 11am move this morning, and bounce off yesterdays Low. But like I said, looking at 2.11 so Buys are going to be risky for me, unless we see 400 pip swing,[/QUOTE]

Looks like you should’ve held your short on this pair money. Stopped a pip above my SL widened my SL to allow for the varying spreads. If this falls further I’ll wait to see how it reacts around the trend line.

I’m normally in and out of my trades within hours at the most so this feels a little unusual for me. Looking forward to seeing how it pans out.

Well done on your target.

Shy

Well done buddy

You know what Shy, you never know. So many times Ive set TP, just to miss by 1 pip, then Id lower the TP, and miss by 1 pip, then Lower it again, Miss by 1 pip, then usually go and hit my SL.

Even the benefit of the Trail would be ok, but I need a tight trail, definitely less then 5 pips, like MT4 is 1.5 pips, but I dont use MT4, Oanda Java is 5, but its a static 5 trail which I dont like. So right now, I have to manually hit the close trade tab on my tablet. I dont use Java desktop because it crashes often, and had been in trades and have to take 4 minutes to load back up.

BUT, my main signal variable is on my Tablets App, so its the last thing I check before entry to a trade. The drawwww back of the Tab App is if my Tablet sleeps, no new bars form and the EMAs are unadjusted so I have to flip thru timeframe to adjust it and catch up to current time.

lol.

Long story short, I wish I had the same trail advantage that MT4 has, and use it on my Tablet App.

I believe I would of made around 150% just today with that advantage. Because This pair is a zinger, lol…

Thanks for the Back Pat on the Goal,

Hope you have a great night,

Thanks Eddie, Got to keep the snowball rollin… Just like in the charts, Momentum is the Key

Good morning traders!

I am sorry I missed your discussion last night on here - I was watching a dvd of ‘Birdman’…cool film.

Well, here is GBP/NZD giving us what looks like a ‘V’ sign: V for Victory? Maybe a bullish London open like this will bode well for going long (if you are not already long). Well done to Shy, 3fx, Money, and Eddie for your successes!! Thanks, also, for watching my video, and for the comments!


Good morning pipmehappy,

Still long on “your pair”

waiting for it to push beyond the 2.38

Would like to see the 4h close above the 2.38. Would look to move SL into profit and then consider increasing my position.

I don’t usually hold positions over night/over multiple days so I am keen to see the outcome of this trade.

Good luck,

Shy.

Hello Shy,

I agree, the 2.38 has been the play of many recent battles for this currency cross…

After my post earlier today, the 5m chart shows another three ‘V’ formations, so four in total,

each time with a smaller range, so that now it has become quite narrow: interestingly, all four

‘V’ movements had a top at a similar level, just above 2.38 (around 2.3810 - 2.3815), and that

area is where the pair is hovering at the moment…

USD CPI at lunchtime and the FOMC meeting minutes in the evening should, if aligned to strike

a USD-bullish tone, push the NZD/USD down a little more convincingly, although the lack of

market volume at present does not support moves past big/strong levels (like the 0.65 for the NZD/USD

as much as the 2.40 for the GBP/NZD)…

As always, patience is the name of the game… (those ‘Buddha Buttocks’ are shaping up nicely) :slight_smile:

Happy trading.

Hello traders!

FIVE MINUTES UNTIL the US CPI !!

GBP/NZD is pre-emptively putting two red candles through that 2.38 level, on the 5m chart…

Well, US CPI met (but did not exceed) expectations, so a mild result and impact…

Here is the 5m chart from GBP/NZD showing a rally of nearly 100 pips but then getting stuck around 2.3825 within twenty

minutes of the release:


[B]Now at 2.3865[/B]

I’m out.

+85 pips on one
+60 on the second position.
Approx, no pip counter on my phone app and I closed them while out.

Thanks for the heads up. May look for another entry.

I waana play.
Short at break of 20 per dochian channel and MA @ 2.3722

Well, FOMC minutes did not say much new at all… and due to the lack of a more hawkish tone, Majors rallied
against the Greenback…Thus we come to this hundred-and-fifty-pip drop in GBP/NZD (which, interestingly, started a fair few minutes before the news release):


I opened a long position at 2.3719. It looks like a good time for the roller coaster to go up.