EURNZD: Very specific setup
Updated
We have a nice setup in the EURNZD chart, that I'd like to share for some good profits.
There is potential for an 881.4 to 1020.6 pip move to the upside from the mode here.
The entry is on retrace and about to get filled, so don't miss out on it.
Timing for the move is 16 days or less, if not stopped, naturally.
I put my name down the line and share this setup with entry, exit and stop loss for your own use.
Feel free to contact me if interested in any of my services, you can refer to the pastebin link in my profile for more information on my track record as an analyst, trader and forecaster.
Don't forget to check out the 'Key Hidden Levels' chatroom, Tim West (my mentor) and other traders versed in this methodology post setups and insights there (mostly, Tim and me).
We cover stocks, Forex, futures and commodities, using Tim's methodology.
Cheers,
Ivan Labrie.
PS: If you like the EMA and ATR bands here, check out my publication where I shared the script. Google YEMAB V2 ivanlabrie tradingview to get them. Easy. This setting is a yearly EMA (253) with 253 period ATR, and only the 6.4 and 9.5X atr bands. Look how it captured the bottom and top here!
There is potential for an 881.4 to 1020.6 pip move to the upside from the mode here.
The entry is on retrace and about to get filled, so don't miss out on it.
Timing for the move is 16 days or less, if not stopped, naturally.
I put my name down the line and share this setup with entry, exit and stop loss for your own use.
Feel free to contact me if interested in any of my services, you can refer to the pastebin link in my profile for more information on my track record as an analyst, trader and forecaster.
Don't forget to check out the 'Key Hidden Levels' chatroom, Tim West (my mentor) and other traders versed in this methodology post setups and insights there (mostly, Tim and me).
We cover stocks, Forex, futures and commodities, using Tim's methodology.
Cheers,
Ivan Labrie.
PS: If you like the EMA and ATR bands here, check out my publication where I shared the script. Google YEMAB V2 ivanlabrie tradingview to get them. Easy. This setting is a yearly EMA (253) with 253 period ATR, and only the 6.4 and 9.5X atr bands. Look how it captured the bottom and top here!
Trade active
I entered at market when entry was almost hit, but missed.Note
Steady trend in the making. EURAUD has an analogous setup, not worth posting.I'm in both, and will be adding to winners.
Note
Rushing in was wise...Hold steady.
We'll add to the trade as it progresses.
Trade closed manually
EURUSD failed to hold the mode support and there was a very sudden rally in NZD and AUD (and *JPY) when London opened. Better stand aside and wait.Note
After the daily close, we might have a chance to reenter and take a short term trade as well.For now staying flat.
Note
Bought the dip after the daily close.Note
We can buy with a very tight stop here, low risk, but use reasonable risk size.Trade closed manually
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