So I thought I'd post an update on my take on GOLD. Price has been in a clean and steady uptrend for a while now and I'm looking to continue this uptrend play on the metal. Currently, I'm waiting for a break out on the daily above the minor 1562 resistance and then looking for the next 'minor'...
After a nice, slow and steady trend ( a trailing stop loss traders dream ) we're finally seeing AUD/NZD pull back. Where do we go from here? No doubt a lot of traders that shorted it took some nice profits but where do we go from here?
Personally, I'm still looking to short this however I need...
I'll keep this short. NZD/USD looks great to short next week.
Let's go over a checklist
Price is under 200 EMA
Price pulled back to resistance
Price has rejected at resistance
Stochastic is overbought
Checklist ticked off.
Looks great for shorting! Good luck!
DISCLAIMER: This is only a...
For me its a passion driven by doing what I love, the money is just a bonus. I'd still trade if I only made peanuts doing it. My passion for trading grew when I could physically watch the world economy on a screen and that's what made me want to learn about trading. In the beginning, I didn't...
Hey all!
So here it is, my first post ever on FPA. I'll be glad to start contributing on a regular basis.
I thought I'd start my first post off on a Currency pair that's really been in my sight for over 5 weeks now! NZD/JPY
Let's start back in March 2019 - Price formed a lower high on the...
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