There may be a low risk short entry here.
5 waves down from 14483 which will set risk limit , when ascending wedge breaks could be good for a couple of hundred.
would be great if ran up to 78.6 around 14440
I also like this for a possible short.
Looks like a bear flag,but all the signals have not stacked up yet.
Hugh fall of 900 pips and only a 23.6 retrace.......bit peculiar
hi arco, i get where your coming from, but i suppose when a move gets going the big retraces just never come.
i suppose its only fair watching everything else climb vertically against the usd it may have a TEMPORARY day in the sun.
to me this was a great low risk trade in at 14440 with a risk of 50 pips.
Just printed a evening star on h1 but i suspect it will be a slow grind untill NFPs out the way.
LOVING the site keep up the great work.
paul
There may be a low risk short entry here.
5 waves down from 14483 which will set risk limit , when ascending wedge breaks could be good for a couple of hundred.
would be great if ran up to 78.6 around 14440
good pips on this trade nearly 200 up for grabs but got a safe 140+
Hi does anyone know of reliable kiwi brokers ? I have been with WSD Global markets based in Auckland , and NZX regulated . They offer some of the best spreads in the market w/ 0.5 Pip spread on EURUSD..
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