Eur/Nzd

[Bindas36]

To be honest it is hard to know about trade.
We are new and un experienced traders,so we have to focus on trading signals and strategies.
As on today trading signals was seem to buy trend but candles are going down and down.so,i'm not completetly sure about trade signals.
We should to work hard and to know trading strategies.
Thank you.
If you like my post please click on thanks button.

[Aliraza0006]

Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.

[talhaahmad04]

Plus there is political uncertainty, "said Rob Dobson, Economist of IHS Markit, in a written statement. In addition to economic growth, investors should also look at the release of Chinese trade data on August 8.

[Muhammad Muhammad]

case this is not so, for instance, if the support level comes down to the previous trough, it may signify that the uptrend is coming to the end or at least it is turning into a sideways trend. It is likely that trend reversal from up to down will occur. The opposite situation takes place in a downtrend; the failure of each support level to move lower than the previous trough may again signal changes in the existing trend.
In order to develop a support and resistance strategy you should be well aware of how the trend is identified through these horizontal levels. Thus, for an uptrend to go on, each successive support level should be higher than the previous one, and each successive resistance level should be higher than the one preceding it.
The concept behind support and resistance trading is still the same - buying a security when we expect it to increase in price and sell when expecting its price to go down. Thus, when the price falls to the support level, traders decide to buy creating demand and driving the price up. In the same way, when the price rises to a resistance level, traders decide to sell, creating a downward pressure and driving the price down

[Muhammad Muhammad]

security price meanwhile moves through multiple time frames it’s very useful for traders to analyze various time frames while determining the “trading circle” of the security. Through the Mul- tiple Time Frame Analysis (MTFA) you can determine the trend both on smaller and bigger scales and identify the overall market trend. The whole process of MTFA starts with the exact identification of the market direction on higher time frames (long, short or intermediary) and analyzing it through lower time frames starting from a 5-minute chart.
Experienced trader Corey Rosenbloom believes that in multiple time frame analysis, monthly, weekly and daily charts should be used to assess when the trends are moving in the same direction. However, this may cause problems because time frames don’t always align and different kind of trends take place on different time frames. According to him, the analysis of lower time frames gives more information

[Klm123]

Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga

[Moon22]

euronzd pair kafi time se sideways trend me chal raha hai
1.7600 pe iska 1 support hai aur 1.7700 pe iska 1 resistence jisse ye kafi time se nahi tod pa raha hai..
abhi iske liye kuch nahi kaha ja sakta..mere khayal se hume in values ke break hone ka intezar karna chahaiye

[Adnanali]

Eur/Nzd

Resistance Level (R3): 1.702
Resistance Level (R2): 1.698
Resistance Level (R1): 1.695
Pivot Point: 1.691
Support Level (S1): 1.687
Support Level (S2): 1.683
Support Level (S3): 1.679

[ForexAA]

Forex forum is the most popular in the world to see the most important things about your life and your future needs. In this forum we have been working with a team of experts who will help us to understand how we are working together and how we are able to earn good profit. We also follow the seniors traders and make trading decisions that are very important to earn good profit

[Irfan7]

My look at the 12hr charts using the High Probability method on a number of low volatility Forex pairs. The trade results can be found on the below shared spread sheet docs.
I do use hedging in my trading and increase position sizing on trades
Interesting buy setup: the price is retouching support/resistance zone. RSI and Stoch are oversold. Divergence on OBV. What do you think?