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Getting back up again - and hopefully again

AdamFx42 Posted 9 Set  in #Trader's blog #GBP/JPY #NZD Strength #Back In #AUD Recovery
Well, I am still alive
I managed to buy around 3 milj. Gbp/Jpy at around the lows yesterday with my remaining 50K
and I just closed the position with a 170 pip gain,
I tried entering long Gbp/Nzd during the data release UK just now,
but it wouldn't move up, so I closed both my positions and now have 93K to play with
I noticed that Nzd/Usd is holding support around 82.5,
and NZ has some data releases later on that could be good,
so I will be going long Nzd
I also noticed a decent bounce off 0.925…
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Shalomavahatikvah avatar
Shalomavahatikvah 9 Set

Just don't give up, you can never give up!

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NZD/JPY looks ready to break 90

AdamFx42 Posted 16 Giu as Analysis on NZD/JPY, Target: 91.0000, Date: 1 di Agosto, 12:00 GMT  in #Technical analysis #NZD/JPY #Fibonacci Expansion #NZD Strength #Weekly Trend #Daily Channel Up
In Nzd/Jpy it looks like there is a perfect setup for a break above 90
A daily channel up is recognized by the pattern recognition tool
and Fibonacci expansion on weekly and daily timeframe indicates a target of around 91 next month
First lets take a look at the weekly chart:
First of all we see the weekly trendline that I have drawn that is supporting price action up
and providing support on dips in Nzd/Jpy
This price action up is also supported by a strong RSI14 weekly of close to 60
If we dra…
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AdamFx42 10 Lug

Pair has moved up nicely above 88 - need a catalyst to bring it above 90, Nzd data should remain strong

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Losing out on GBP strength, GBP/NZD retracement

AdamFx42 Posted 6 Mag  in #Trader's blog #NZD Strength #Long GBP And EUR/AUD
I lost my Gbp/Nzd long to a stop loss even though Gbp is challenging 1.7 at the moment
Nzd is a stronger currency at the moment and is gaining hugely over the USD
My Gbp/Aud long seems to be holding at the moment as Aud seems unable to gain a lot on USD
The overall USD weakness on the markets at the moment seems like a good opportunity
to be selling Gbp and Eur at their highs:
I am doing this on my live account at this time:
selling Gbp just below 1.7, and at 1.7020 if it reaches it - just below…
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