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Gbp/Nzd
analysis for today 12 / 17 / 2013
My daily trading,I hope the day is a success ...
GBP/NZD (Daily Trade)
Resistance : R1 1.9752 R2 1.9777 R3 1.9797 R4 1.9827
Support : S1 1.9674 S2 1.9649 S3 1.9629 S4 1.9599
Open : 1.9737
High : 1.9749
Low : 1.9677
Range : 72 Pips
Running Price : 1.9702
For intraday trade today suggest SELL at the level 1.9702 stop loss at the level 1.9752 target take profit at the level 1.9629 or at the level 1.9599
GBP nzd specialized investigation market exchanging
Today investigation pattern : sell
The present cost and past expense is giving a straight signel that market will go down in business..
Opposition and Bolster focuses are additionally giving a singnel that market will go down that is the reason we should put our exchange on sell....]
Hello friends how are you i hope you're alright and enjoying forex trading. Hardworking is very important for any trader's because any business takes time for the better performances hard working is decided your profite because hard working is goes to a success my suggestion for everyone make a successful trader attended by exchange market for the good trade beacuse your little mistake you will be bear loss and not achieve success practice and hard working make a successful career.
Today Trend Of The Market:Buy
money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be carefull.
If you want become Successful Trader In Forex so could the hardwork and get a knowledge and experience about forex trading.
Forex Forecast with price level
GBP/NZD - pair in focus.
Current Price - 2.0147
main support level - 2.0130
main resistance level - 2.0164
Pair likely to be in Sell today.
Winning signals - Profit signals.
Today Target Pair - GBP/NZD
Today main profit zone .
2.0261 - 2.0360 - 2.0511
Today main support zone.
1.9760 - 1.9860 - 2.0010
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
gbp/nzd is time pe 1.9470 level pe trade kar rha hai or daily time frame pe uptrend pe ek beautiful trend formation deka ja sakta hai , market 1.9750 level tak jaane ki ummed hai is uptrend mai , ye pair kafi volatile hai toh isme ap kam lot size ke sath is trade ko le sakte hai or lamba take profit or stop loss ratio rakhe kuki ye pair kafi move karta hai news time pe toh fluctuation kafi ho skti hai kisi bhi side ko news hour meh.
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I think GBP in New Zealand this was a down trend of technical analysis because this year was double top nw1 candlestick pattern chart you remember if you see them then you have a fully knowledge about Gbpnzd because they are creative double top with w
Resistance and Support points also given has signal of market up
now it is at resistance 1 level and it will again movie downward for a while,but after touching its high point,
it will move upward so the bid about buy will be in favor of traders at this time.
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.
Today Trend Of The Market:Buy
money management is very effective for getting profits with stop loss and take profits method with current trading position
Pair..... gbpnzd
Current Rate is 2.0117
According to my analysis the resistance and support will be as
1) Resistance : 2.0150
2) Resistance : 2.0180
3) Resistance : 2.0220
*********************************
1) Support : 2.0090
2) Support : 2.0070
3) Support : 2.0044
BUY position is better choice now, you can set target profit level 54 pips from current price
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