AUD.NZD

[Xerof]

Yes got that. The piece of software that a user wrote for use on Esignal does it automatically. It's a bit like 'Gann for Dummies'

Choosing appropriate V and inverted V formations seems to be where the art lies, then of course deciding which S/R line will be produce the magic, but as an extra tool I think I like it

Unless we have started the 'cascading decline' we've all been waiting for, may see better levels to re-enter shorts on various pairs, but the NZD crosses certainly took a pummelling last night.

An interesting observation regarding Esignal - I have a chart for NZDGBP, which must only have one price feed - last night they might have got buried by the market, as there's been no price update since 3930!! - on second look, just updated now, but has left a gaping gap on my chart[V][V]

So, Esignal is not perfect... but who watches NZDGBP anyway[?]

I'll post the chart in the Gartley test thread as it is picture perfect Red Admiral, followed by a sym triangle breakout

Wish all trades were as easy as that....


Xerof

[slam]

Long on this as well
Slow climb atm

Cheers
Slam

[slam]

Hi All

Hope everyone had a great festive season.
Went long on this pair last week at 1.0708, 189pips so far.[8D]
If it can break 1.09 convincingly, looking for 1.11

Cheers
Slam

[peat]

goin well slam!! i had a goodie myself going long on the Eur just before the NFP kicked it up 70 points.

from my platform news today...

[AUD/NZD] cross headed northbound in early AM session after last week's consolidation, demand by onshore and corporates drive it briefly 1.0900+ high but capped by profit takers placed above 1.0910, thus retreats down to the current 1.0870 zone. Meanwhile 1.0850 to 1.0835 likely to attract decent buying orders on the back of solid growth in Aust while participants expect RBNZ to end its monetary tightening cycle. A sustained 1.0930 break unveils 1.0970-1.1000 objective. On the charts, bullish trend remains intact for a minimum 1.1000 to 1.1040 target. Support now lies at 1.0835

[slam]

Hi Pete

Yep was good. Was running a tight stop which got hit.
Kept 145 pips

Back in again today on the low,
see how we go this time.

Cheers
Slam

[slam]

currently 72pips and holding

Cheers
Slam

[slam]

Closed long for 98pips

Will look to reset on a dip. Hourly overbought

Cheers
Slam

[slam]

Took Longs again at 62
Looking to push through resistance circa 0920 this time
Will flat on failure
See how we go

Cheers
Slam

[slam]

Target met over night at 1.1090

Have re-entered on dip looking for break of 1.11

Cheers
Slam

[peat]

kiwi getting a bit hammered
this cross is benefitting.