Do you believe him? The market does not. These Central Bankers talk a lot, but traders see through this jawboning. And look at the charts since the NFP miss, Wow! Do you really want to buy USD's against any traded currency?

NZD/USD

Are you long already? If not, where you looking for longs? This is big candle

NZD/USD

If traders believe what you quoted from that statement, the Kiwi would be going down. Do you agree or disagree?

NZD/USD

"We expect inflation to strengthen reflecting the accommodative stance of monetary policy, increases in fuel and other commodity prices, an expected depreciation in the New Zealand dollar and some increase in capacity pressures." When inflation ...

NZD/USD

We also have some really pretty weekly charts for EURNZD and NZDJPY. These may be even better long term plays as both EU and BOJ are planning to cut rates. So, maybe multi-year trades. Obviously, you have to wait on these alsofor a pull back. Only a ...

NZD/USD

Clearly, NZDUSD is going to pull back a little from this move. But does not change fact that RBNZ has acknowledged an inflation problem and has to "raise" rates while the Federal Reserve has acknowledged there is no need to raise rates, just the ...

NZD/USD

Hear Ye! Hear Ye! This thread is in the "Trading Journals" forum. If you are expecting someone journalling their trades to give you the details of their system, you are in wrong forum.

My Trading System!!

Recent trading history (last 10 years, excluding the 2008 and 2009 crisis) suggests that short GBPUSD in May is only way to trade. Resistance is futile!

Cable Update (GBPUSD)

Got shorty at .6948, day trade only S/L .6968+- T/P .6911+-

NZD/USD

Typical reaction to my covering, market reverses and goes my way, lol. I put sell stop in at .6940. Let's see what happens. NFP approaching and trade to go flat soon.

NZD/USD

image Feel the force. I am pulling plug on the short now. Will wait for the 38% retrace around .7230 to start short again. Only other short entry will be a breakout trade, a close below .6940. Sidelines for now. Happy trading all

NZD/USD

I did not add to my short from .6848 as pair have never looked back after the raging candle on the rate announcement last month. I may still add another lot if this pair ever stops going up and stays below .7100. But I have uncomfortable feeling we ...

NZD/USD

Not sure why NZD is popping on on the news. Rates Unch and acknowledged weakness in statement. A little while back, USD rates Unch and acknowledged weakness, USD barely moved. Hmmmm??? If you see the drive down at 14:59 NY time, the MM's look to be ...

NZD/USD

Nzdusd is still in main channel, doing the three up, three down. Up is more than down. But today we will break the medium term up trend, so unsure of where it will go until the May cyclicals kick in.

NZD/USD

image I am wondering what people think of this chart, monthly NZDUSD. It has 2 bullish candles, with higher highs and high lows, but long upper wicks and short lower wicks. March has not closed yet but momentum is strongly bearish on the pair and ...

Candlestick Trading

I do like this system for the automation it provides. I had a little trouble at first because the colors and names not always matching but after I created a cheat sheet all is good. It seems to work well with my regular system of trading and does ...

The Paradox System

Abhay, Id like to see your turning points. Do you have them for the other USD crosses? I like to see a USDCAD as I am USA trader and is best mover for NY open. If you are sharing the Indi instead, I'd like to try it. The naysayers to planetary ...

Astro based Turning Points known in Advance

A sound trading plan has to factor in the crashes like that or Lehman Bros, or invasions, or 9/11, Asian financial crisis, etc if you are a full time trader with no other source of income. Many traders are wiped out because stops are not triggered ...

No Loss Martingale Strategy