P3tr4's Blog

Avatar

GBPNZD RISING!!

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 wit…
Read full story
Translate to English Show original
orto leave comments
Avatar

GBPNZD RISING!!

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…
Read full story
Translate to English Show original
orto leave comments
Avatar

GBPNZD RISING!!

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 …
Read full story
Translate to English Show original
P3tr4 avatar
P3tr4 28 May

Update 1:
Current price: 1.8156
This particular pair has been very bearish, which has favored my technical analysis. But it is still currently far from where I want it to be, another 100 points decline would favor my analysis much more and bring me closer to my goal. The last low was 1.8106, and that low could give way before the end of this week.

orto leave comments
Avatar

GBPNZD RISING!!

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 rend is bearish wit…
Read full story
Translate to English Show original
orto leave comments
Avatar

Expecting the gbpnzd to drop!!

After a very impressive climb to 2.0800, i am expecting some bearish action.
time frame: daily
indicators:
Bollinger bands
Stochastic indicator
i expect the pound to lose some steam and drop to 2.0200.
Read full story
Translate to English Show original
orto leave comments
Avatar

GBPnzd to drop!

The pair is in some kind of range on the weekly chart. I expect this ranging behavior to continue for awhile. My target is the lower band.
we can see that the pair has tested the upper band twice, and this week's candle is already looking bearish.
The monthly chart shows a possible continuation of the down trend.
with the stochastic indicator firmly crossed down wards, we could see more decline from the pair.
Read full story
Translate to English Show original
orto leave comments
Avatar

GBPnzd going down!!

I am expecting the gbpnzd pair to drop to 2.0000. In this analysis i do not think the pair can break the next resistance level.
this is confirmed if the month ends bearish.
Read full story
Translate to English Show original
orto leave comments