This is another trade i am stalking. My audnzd and gold longs are doing well. I am also in usdjpy short. All trades were posted here. Lets see how it goes this week. On eurnzd , here is the breakdown..
Weekly:
There is a massive head and shoulder bottoming pattern taking place. Ichimoku is however bearish but macd is cross up
Daily:
There is a big TL coming into play here. Price touched it and pulled back. But so far staying above kijun sen . Macd is above zero line. We need TL break for any long. Ichimoku is neutral.
8H:
Ichimoku is bullish . Price is currently testing kijun and 200 sma. I am waiting for buy entry here.
Overall, i expect much higher prices in eurnzd . This pair is in very early stages of rally.
My trades are not quick trades . My time frame is higher and i run trades for longer periods. This is how all big guys trade and that is where money is. Day trading is not for me as I am not a scalper looking to make 20-30 pips. That is useless. I dont stare at charts all day and i don't do this for excitement. So , i dont get setups everyday . Incase I dont post for weeks, that just means I dont see much happening in my time frame. Knowing your time frame is the key.
Weekly:
There is a massive head and shoulder bottoming pattern taking place. Ichimoku is however bearish but macd is cross up
Daily:
There is a big TL coming into play here. Price touched it and pulled back. But so far staying above kijun sen . Macd is above zero line. We need TL break for any long. Ichimoku is neutral.
8H:
Ichimoku is bullish . Price is currently testing kijun and 200 sma. I am waiting for buy entry here.
Overall, i expect much higher prices in eurnzd . This pair is in very early stages of rally.
My trades are not quick trades . My time frame is higher and i run trades for longer periods. This is how all big guys trade and that is where money is. Day trading is not for me as I am not a scalper looking to make 20-30 pips. That is useless. I dont stare at charts all day and i don't do this for excitement. So , i dont get setups everyday . Incase I dont post for weeks, that just means I dont see much happening in my time frame. Knowing your time frame is the key.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.