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NOK

USDNOK potential bearish cypher pattern Will be looking to enter a short position at 8.84658 if the cypher pattern holds up. Stop loss is based on previous structure as indicated by the red line. Take profit is based on Fibonacci levels. Unfortunately the risk/reward isn't the best I've ever seen, but I will still be looking to take this trade. Fundamentals Aren't any particularly exciting fundamentals to support this cypher pattern, although based on the current consolidation of crude oil (Norway's economy depends strongly on oil exports) as well as uncertainty in the US economy, an up and down move is definitely not unreasonable.
Short
by olly_price
WTI Crude Continues Down, Therefore NOK Continues UP! Bonjour, Do you guys remember the trade in USD/NOK? If not, here is the link to remind you: We've since taken a similar trade ... mainly based on the fact that WTI Crude is seeing more downwards pressure after a small rally. Congrats to all of our members, and do you know if you should stay for profit target #2 or not? By joining our ever expanding trading family you'll know... À bientôt, Maxmillian DuPont (www.myfxlifestyle.com)
Long
by Maxmillian
1
Clear breakout in USD/NOKBonjour, today our "VIP" members took an aggressive trade in the USD/NOK pair. After noticing the downwards trend bottoming out, we opened two long positions on a breakout @ 8.7525. Scaled out of the first position at 8.7925 and closed out the second at 8.8270. Both positions were closed out early, it runs out. However, we stuck to your predetermined risk profile and rode this one out for a great trade that pocketed us 1145 pips in total. Congrats to all "VIP" members in the room today. À bientôt, Maxmillian DuPont (www.myfxlifestyle.com)
by Maxmillian
What heads of Nokia will do in the future?I think, Nokia had bad time. But something tells me Nokia does not want to fall at all. They try to touch the market wt new step of them strategy. I remember how HPQ turned up and reached more than 100% even more people /me included/ though how HPQ ends. So if Nokia shows us a comeback, it should be interesting to buy. Also can helps successful Greek solution which is behind the door by the way. Despite the fact that technically, it looks down after breakdown the support.
NYSE:NOKLong
by Ghost_Twitts
A good long term buy & hold opportunityNokia is looking interesting once again a year after Microsoft's acquisition, a leaner and reinvented business structure. It could present a good long term buying opportunity from here. Significant interest on the N1 tablet in China. ( pocketnow.com ) Record 2014 deals in india involve the modernization of 2G and 3G networks, 4G deployment, WiFi solutions, security solutions and device management. Relatively low p/e ratio relative to other technology stocks in the US. 8.3 p/e Sustained earnings over the past few quarters Nokia HERE maps powers four out of five factory-fit navigation systems in North America and Europe Trove of mobile-related patents that even Apple and Samsung have to pay for I'll be looking to pick it up over the next few days after having sold my Nokia shares bought at $2.5~3 range at $7.7 after Microsoft acquisition a year ago. In the sea of overpriced technology stocks, it seems that European related tech sector are pretty underpriced right now.
NYSE:NOKLong
by LastBattle
2
Long oil and gold: Currency Basket tradeI can come up with a variety of instruments to trade based on the recent macroeconomic events, but right now I'd like to focus on these, since they give me a relatively close timeframe for the reversal date. Mark your calendars, between February the 5th and 9th, because I think these pairs will start moving strongly in the directions of these arrows. I'll post technical setups as they come, for now, some food for thought. Have a good weekend everyone!
by IvanLabrie
15
NOK 4x move from origianl entryOur original analysis stated in part: "Taken by itself, the technical pattern on the chart is a classic bottom with a follow through support at the first real pullback. Many unexpected huge moves have resulted from this pattern over the years. A factor in NOK's favor on the long side is the price action at the LT Swing Long entry range. It has been very aggressively bought immediately upon reaching the entry range and the Intraday Long has been bought at both tests of the entry range. Keep in mind that although this published chart is on a 60 min time-frame, the levels shown are Weekly Chart levels and must be traded as such. Being such a low-priced stock is a factor in NOk favor for scalpers and Day traders, and we can be certain that there will be buyers at most long setups from this time forward until the LT Swing Long is definitively broken or reaches its' targets, which are not shown at this time." Buyers have indeed entered at every pullback, the LT Swing Long has held, and there has been a huge move of 4x the original entry price. With such a low-priced stock, it is not uncommon to see a larger move before any meaningful pullback occurs. There is a short being sold but not shown on chart.
NYSE:NOK
by darcy_kincaid