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P3tr4's Blog

P3tr4's Blog

EURNZD RISING!!

P3tr4 Posted 30 May as Analysis on EUR/NZD, Target: 1.6112, Date: 3 von July, 12:00 GMT in #Technical analysis #Eurnzd #Market Trend #EUR/NZD #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart

Trading concept:
Stochastic indicator and price action are the only indicators used on weekly and monthly charts.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short. When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below…

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EURNZD RISING!!

P3tr4 Posted 14 Apr. as Analysis on EUR/NZD, Target: 1.5423, Date: 1 von June, 12:00 GMT in #Technical analysis #Eurnzd #Market Trend #EUR/NZD #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart

Trading concept:Stochastic indicator and price action are the only indicators used. When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below 20, the trend is bearish with …

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EURNZD RISING!!

P3tr4 Posted 28 Mar. as Analysis on EUR/NZD, Target: 5.865, Date: 1 von May, 12:00 GMT in #Technical analysis #Eurnzd #Market Trend #EUR/NZD #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart

Trading concept:Stochastic indicator and price action are the only indicators used. When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.When it crosses up above 80, it is still a good place to go long, but with caution, as suchareas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below 20,the rend is bearish with a s…

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EURNZD FALLING!!

P3tr4 Posted 28 Feb. as Analysis on EUR/NZD, Target: 1.445, Date: 3 von April, 12:00 GMT in #Technical analysis #Eurnzd #EUR/NZD #Monthly Chart #Weekly Chart

BEARISH TREND

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EURNZD to reverse trend!!

P3tr4 Posted 30 June as Analysis on EUR/NZD, Target: 1.5600, Date: 3 von August, 12:00 GMT in #Technical analysis #Eurnzd #Bearish Signs #EUR/NZD

The only reason the eurnzd has been going up is because despite what has been happening to the euro, the new Zealand dollar has had it worse.
MACD has crossed up on the chart (Monthly), so there is still some upside.
But things are going to change very soon, unless the euro zone tidies up its act, there is going to be a very quick change in the market direction. I am expecting a full, solid bearish candle to indicate a reversal.
There is a recent support which stands out@ 1.55, but 1.56 feels sa…

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EURnzd going up...

P3tr4 Posted 31 Oct. as Analysis on EUR/NZD, Target: 1.6460, Date: 1 von December, 12:00 GMT in #Technical analysis #Bullish #Eurnzd #EUR/NZD

I am expecting the eurnzd pair to do a major bullish climb...from my wave analysis, i think we may have started the third wave..
last month ended with a bullish candle.

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My EURNZD trade

P3tr4 Veröffentlicht 6 Aug. in #Trader's blog #Eurnzd #Ranking

Today did not o so well...
My poker hand has yet to improve.. ..And i took some trades which ended in a loss of all the profit i had made this week..
I was trading against the trend, so i am not surprised by the outcome of those trades..Thankfully, I was able to cut my losses on time..I have taken a short EURNZD position...I am expecting the NZD to start a major rally very soon, i read some economic report about how the NZD is expected to end high this year..I also saw some good candle patterns …

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