thread: AUDNZD

Buy Limit @ 1.0350 Stop @ 1.0150 TP. @ 1.1000 (might close out lower depending on PA along with some other items, I don't like to restrict my profit possible so I rather place the TP further away and close out manually rather) I really hope this trade has triggered during the following day or so. NZD and AUSSIE data may do the trick lets see. Cheers image

Right, so that wasnt the cause, but RBNZ only now was!
I removed my Buy Limit order on AN because I'm quite invested in EUR/GBP shorts above 0.88 , so just long 0.4 on AN in the present time, I tried to buy underneath 1.04 and only above it my fucking broker bounced me unprofessional (see attached) I am happy with the price I got to be fair , I think 300 pips north AN and 300pips south EG shouldn't be a problem in coming months.

Cheers

Looks like it may go a bit lower still, its right on the Daily trend line from the 2016 lows.

NZD Trade Balance data early next week may move it.

Looking to buy soon, I think the upside could be a faster move than the down side.

quote Right, so that wasnt the trigger, but RBNZ just was! I removed my own Buy Limit order on AN since I'm fairly invested in EUR/GBP shorts over 0.88 , so just long 0.4 on AN at the present time, I tried to buy underneath 1.04 and just above it my fucking broker bounced me unprofessional (see attached) I am delighted with the price I got to be fair , I presume 300 pips north AN and 300pips south EG shouldn't be an issue in coming months. Cheers picture image picture

Right. . .so I decided to ditch my EG shorts that are lovely for much more AN longs, seems risky for me at the present time, I would ofcourse be wrong. I'm shooting for 1.08 expecting to achieve in a month or so. Cease below 1.02

Cheers

Weekly chart -- got the anticipated bounce off trendline support this week. However I am viewing it as corrective, finally for a break and yet another low to 1.02-1 prior to a major bullish movement upward.

looks like an attractive buy from the 1.04 place towards 1.08

seems like an attractive buy from the 1.04 area towards 1.08 picture

my fav pair to exchange this week hehehe

quote my fav pair to exchange this week hehehe image

1.08 is the next level to reach but we might have a pullback and I believe it's going to be a fantastic buy

quote 1.08 is another level to achieve but we can have a pullback and I believe it's going to be a good buy image

virtually there

Weekly chart -- obtained the expected bounce off trendline support this week. However I'm viewing it as corrective, finally for a break and one more low to 1.02-1 prior to a major bullish move up. picture

Nice charting. What do you call a major bullish move upward?

quote Nice charting. What do you call a major bullish move?

Thank you. I covered the recent AUD/NZD price action in last night's video. My view overall is a transfer to 1.15. The issue is, is that this current up swing (last 2 weeks) the start of this move? At the moment I'm not convinced it's, due to price action overall (from 2015 - today). Attempting to maintain an open mind about it and watching to determine whether a bullish flag kinds.