Eur/Nzd

Quote:

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Originally Posted by mitali277

Eur/nzd pivot levels by using fibonacci pivot indicator.

r3: 1.5464
r2: 1.5429
r1: 1.5408

pivot : 1.5374

s1: 1.5339
s2: 1.5318
s3: 1.5284

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I sold with these conditions with about 1.5410, trying to close between 1.5350, I'm losing now the 50% of my balance.
Should I stay or should I close it before it's continues growing?
I think I can resist abour 1.560

If you know the stock market, you know what is it to wait until the market open its doors to the public. You can trade whenever you want to!

http://charts.mql5.com/1/495/eurnzd-...orex-group.png


we can see in the 1w chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 1.6188
stochastic refers that the pair will go up
so our target buy from 1.5488 and our target will 700pips
Good luck

my open position for today is

sell on : 1.7644
TP1 : 1.7546
TP2 : 1.7512
SL : 1.7709

disclaimer : 'TRADE AT YOUR RISK IF YOU FOLLOW MY OPEN POSITION’

Quote:

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Originally Posted by Mohit

If you know the stock market, you know what is it to wait until the market open its doors to the public. You can trade whenever you want to!

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I know, I'm only asking for advise about my openned trade

http://charts.mql5.com/1/496/eurnzd-...orex-group.png


we can see in the 1d chart the pair will go up to fibo 23.6
I see the pair will go to up way to 1.5806
rsi refers that the pair will go up
so our target buy from 1.5463 and our target will 355pips
:good::peace::yahoo:

http://charts.mql5.com/1/498/eurnzd-...orex-group.png


we can see in the 1d chart
the pair can not close down the broken up trend line
I see the pair will go to up way to 1.5419
stochastic refers that the pair will go up
so our target buy from 1.5519 and our target will 100pips

Eur/nzd analysis for 05.08.2013 by using pivot indicator.

r3: 1.5486
r2: 1.5452
r1: 1.5402

pivot: 1.5368

s1: 1.5318
s2: 1.5284
s3: 1.5234

bullish sharply signal is confirmed by both of Accumulated Oscilator (AO), Relative Vigor Index (RVI) and Gator Oscilators which are positive value as indication for strong drive for uptrend movement from level level 1.5633, but William %R indicator is still not yet moving downward above sell border level 80 as bullish signal is still being continued

Pivot levels today:
R3: 1.5764
R2: 1.5657
R1: 1.5558
PP: 1.5451
S1: 1.5352
S2: 1.5244
S3: 1.5145
Comment: Price now is above the daily and weekly pivot levels, also it is above the 55 SMA, so more rising is expected.
Forecast: Price may rise to 1.5764.