Here's a tutorial on my strategy trading the NZDJPY. Currently in a bullish trend and I'm looking for pullbacks and an opportunity to capitalise on each pull back throughout the trend. This is a way we can build our position and continue to take money out of the markets. The strategy is based on trend continuation. Not financial advice.
Do you know what it looks like when you don't have a trade? Let's face it, there are a lot of videos that tells you when to place a trade or how to trade, but not when not to trade and that is what I'm showing you in detail today. I hope you enjoy my mini Ted Talk, I mean mini lesson.
No matter your strategy, you are bound to make some losses. But in your losing, lose less than you win. If you lose a trade, gird up yourself; another better trader is around the corner. You only get better with each loss. Practice risk management, and enjoy your losses too. OANDA:NZDJPY
Good Morning traders! Interesting idea today regarding the NZD/JPY pair. This post is aimed to all the trend followers, since it implies a breakout of an interesting ceiling. This pair has been consolidating in the current retracement for more than two months, and we can already begin to see intentions of a breakout in the short term. Why do we say this?...
NZDJPY Parallel Channel Trade Ideas From 2020/01/31 and 2020/02/25
Welcome to our Academy. We’re here to help you achieve what you have been looking for. Use our free analysis where you have everything you need for potencial trade ideas and profit. NZDJPY – Buyers has to break S1 to mark this trade more confidant Trend: Buy/ Neutral Support/Resistance: R3: 74.668 R2: 74.094 R1: 72.945 S1: 71.811 S2: 71.499 S3: 70.861 ...
NZDJPY – Buyers are close to reaching potencial targets Trend: Strong Buy Support/Resistance: R2: 74.625 R1: 71.094 S1: 72.945 S2: 72.487 S3: 71.827 Price action: Following trending idea is headed to new buyers targets, if buyers are able to hold above level S1 and then keep momentum strong. In whole idean, sellers can attact right after market...
5 of the 7 major pairs are potentially monthly inside bar, only NZDUSD and USDJPY broke the high of October.. Check the video to see what it means to me!
After quite a drop we're now seeing a ascending triangle formed. Since I find the 'textbook" ascending triangles not very clear (some say it is a continuation pattern, some say reversal) To start learning more about this pattern I'm going to publish it here so I can find it back later on. Give me some feedback about what you think this pattern would do after the...
In the screencast I show two possible head and shoulder patterns - with a degree of uncertainty. The bigger issues are signs of a trend change and momentum developing for the south. So, it doesn't matter at this stage where the base of the head and shoulders is. It is a no-loss position I'm in at the moment.
I wish I could have posted this with the 5-minute timeframe because patterns appear clearer there, but to my realisation you actually cannot post something less than 15M, which does make sense, although Educational posts should be allowed to do that in my opinion. Anyway the purpose of this post is to basically demonstrate that intraday, or day-trading timeframes...
Tonight we did a live stream on YouTube offering an in-depth explanation of correlation trading. You can watch the stream back in its entirety here www.youtube.com Below will be a written explanation of correlation trading utilizing the AUDJPY vs. NZDJPY as the example: Correlation trading is an amazing way to add diversification to your trading portfolio and in...