NZDUSD never worked out. I took a weekly RB TRADE GBPCAD Maybe 210 pips. This is how RB trades should look when they are at their best. A steep angle on the 50 line in the direction of the trade. I don’t really check the weekly charts much, but when I saw this I got in. I may take me for a bumpy ride. I will try to stay with it. Not to far to go.
I chickened out of this trade I guess I should have waited but I closed it too early Lack Of Confidence I suppose anyway congratulations you won some nice pips there buddy 
any other RB trade you’re looking on?
I don’t normally trade the RB on the 1 hour, but this looked good I am currently in this trade with a 60 pip target.
Every Rubber Band Trade should look like this.
The down fall is … it’s the 1 hour time frame. This could go the other way real fast. But I am confident.
We shall see .
I am currently neg. 26 pips. Entry is still the hard part on any time frame.
I did trade the gbpnzd 4hr rb on thurs afternoon for 67 pips. and friday morning for 22 pips. Those were both buy’s.
This pair moves real fast. If you are a scalper maybe get into this 1 hour sell trade.
Since I posted the gbpnzd 1 hour rubber band trade above. I thought I should mention the pairs that move opposite.
GBPNZD AND NZDUSD
EURNZD AND NZDCHF
Here are the current 1 hour charts of these pairs.
If you like scalping as I do , I hope you try these 4 rb trades. Everyone should at least get into these trades on a demo account.
These have the classic Rubber Band Trade requirements.
50 line angled in the direction of the trade.
Good Luck
GBPNZD 1hour
NZDUSD 1 hour
EURNZD 1 hour
NZDCHF 1 hour
I will demo these but they are h1 TF ? Do they work?
I don’t know if they will work or not. My guess is that they will head to the line. But , the line may also move to meet the price. Maybe, put your limit half way to the line. Or just keep an eye on it and and manually close the trade.
1 hour tf on these pairs moves fast, so make some pips if it goes in our direction and close and get out.
gbpnzd broke previous high so i got out
You are on the right path here of only taking trades with the trend. However,
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You close out of trades way too early. Ride the trend until it ends.
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The 50 SMA is a poor definition of the trend. Basic Elliot Wave (something about swing highs and lows) is all you need. If you really need a moving average as a crutch, try a 20 EMA instead.
This is a pic of aud/jpy pair the weekly TF and a bullish hammer has formed on the weekly chart and now if you go to the daily chart that is in the below picture you see that the 50 SMA line is also favouring the bullish setup so I guess it would be a good setup to enter the market as the price is still like 500-800 pips away from the SMA? share your views please?
I would agree with you on what you are seeing.