Nzd/Usd

Quote:

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Originally Posted by saiansh23

Price bounces off the daily lows and this is a good signal for bulls to buy and first signal after pullback as I have seen this high probability trades to unfolds in three legs and this could be the day to buy more of newzealand dollar specially if 0.8240 holds for the day again to test the resistance 0.8370

regards

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Close the trade of lock the profit and this often happens that when we trade countertrend that we often can found reversal which is highly unlikely because when you plan to go countrend and the price does same than you should stick with your plan to sell high and use small stops

regards

Standart Pivot Point - Support - Resistance
Update: 31 Oct 2013 22:04
Time Frame : Daily

PAIR : NZDUSD
LOW : 0.8191
HIGH : 0.8286
CLOSE : 0.8267
S3 : 0.8115
S2 : 0.8153
S1 : 0.821
Pivot : 0.8248
R1 : 0.8305
R2 : 0.8343
R3 : 0.84

date : 31 october 2013
PAIR : NZDUSD
S3 : 0.8129
S2 : 0.8187
S1 : 0.8215
pp : 0.8251
R1 : 0.8317
R2 : 0.8369
R3 : 0.8449

today i like to sell this pair @ 0.8296
my stop loss of the day @ 0.8322
half take profit for today @ 0.8276
and further half take profit @ 0.8256

Standard pivots

R3 0.8398
R2 0.8347
R1 0.8302

PIVOT 0.8247

S1 0.8208
S2 0.8187
S3 0.8124
http://www12.0zz0.com/2013/10/31/19/127400431.png

The forex is always very risky business,i think that should be one thing that we all must have in mind and so we will be trading in the business with more care. Then again we must know that the business needs so much preparations so that we must always have the success that we wish all the time in the business.

Today at date 2013/11/01 on the pairs NzdUsd at market time on 01.30 I analyze from chart that's the time frame on M5, M15, M30, H1, H4, M1, and D1 outline leads to more bearish condition, and the Bollinger Bands indicator is also bullish and MACD indicator is indicated overbought signal and support resistance is showing below
- R3 : 0.839
- R2 : 0.8333
- R1 : 0.8295
- Pivots : 0.8238
- S1 : 0.82
- S2 : 0.8143
- S3 : 0.8105
so I can recommend you to hold and wait or instant order with open position SELL with SL=0.8281 and TP=0.8221

analysis for today 11 / 1 / 2013
My daily trading,I hope the day is a success ...
NZD/USD (Daily Trade)

Resistance : R1 0.8321 R2 0.8346 R3 0.8366 R4 0.8396
Support : S1 0.8192 S2 0.8167 S3 0.8147 S4 0.8117

Open : 0.8260
High : 0.8267
Low : 0.8246
Range : 21 Pips
Running Price : 0.8254

For intraday trade today suggest BUY at the level 0.8254 stop loss at the level 0.8192 target take profit at the level 0.8366 or at the level 0.8396

Standart Pivot Point - Support - Resistance
Update: 1 Nov 2013 21:51
Time Frame : Daily

PAIR : NZDUSD
LOW : 0.8229
HIGH : 0.8309
CLOSE : 0.8261
S3 : 0.8144
S2 : 0.8186
S1 : 0.8224
Pivot : 0.8266
R1 : 0.8304
R2 : 0.8346
R3 : 0.8384

pairs NZDUSD market time 03:09 at friday yesterday, I observed from chart that's the time frame on M5, M15, M30, H1, H4, M1, and D1 outline leads to more UP TREND condition, and the support resistance indicator is also R3=0.836, R2=0.8323, R1=0.828, Pivots=0.8243, S1=0.82, S2=0.8163, S3=0.812 with market price at 0.8203 so Monday tomorrow I can recommend you to order BUY with TP=0.8233 and SL=0.8173