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pair- eur/nzd
chart analysis time frame- H1
http://i62.tinypic.com/2r3a58k.jpg
the price movement can see along the resistance trend line. its up movement is rejecting down side. now the price make a weak support at the 1.6340 level. if this is break again down movement can see to the daily support at 1.6250 level. short with the stop loss at 1.6460
good luck.
formed a very clear trend, so I put three SELL LIMIT namely
@1.7518 (SMA5 High H4) , @ 1.7591 (EMA62 H4) and @1.7659 (SMA5 High D1).
why I am very sure? because the candle heiken in the TF daily very long and emerging dimly spikes indicating a bearish trend continues.
Camarilla Pivot Point Friday, February 14. 2014
Pair = Eur/Nzd
Resistance 4 = 1.6466
Resistance 3 = 1.6431
Resistance 2 = 1.6420
Resistance 1 = 1.6408
Support 1 = 1.6386
Support 2 = 1.6374
Support 3 = 1.6363
Support 4 = 1.6328
how are you
date : 14 February 2014
chart: 30 min
I expect from this analyze that the price will go to down way
today I am giving one order
sell 0.01 at:1.6355
tp: 1.6310
sl: 1.6395
hi
i see the pair go up
so i will buy from :1.6371
my stop loss 42 pips
my profit1: 1.6420
my profit2: 1.6475
good luck
i think it is a good forex trade pair because it is very popular in the market and it is very profitable it gives a lot of profit many people are using this pair for there trade and many countries are do there trade by this pair.
analysis for today 2 / 14 / 2014
EUR/NZD
Resistance 3 1,6482
Resistance 2 1,6452
Resistance 1 1,6432
Pivot Point 1,6394
Support 1 1,6330
Support 2 1,6310
Support 3 1,6280
BUY STOP 1,6432 STOP LOSS 1,6330 TAKE PROFIT 1,6452 OR 1,6482
SELL STOP 1,6330 STOP LOSS 1,6432 TAKE PROFIT 1,6310 OR 1,6280
the trend is still down
if indicates the trend is still trade down from :1.6360
Recommendation: sell
Take profit1: 1.6320
take profit2: 1.6280
Stop Loss :1.6395
hi all,
i have my sell position @ 1.6366
to be safe set my T/P @ 1.6322
Also have a pending order buy @ 1.6281
lets see what happens.
Date: 14 February 2014
TRADING by using pivot indicator.
indicators today : buy
if price break up LEVEL : 1.6361
the pair will go to : 1.6397
and then go to level : 1.6439
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