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NZD (New Zealand Dollar)

NZDCHF I Local short from resistance zone Welcome back! Let me know your thoughts in the comments! **NZDCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
14
My Backtesting Results on NZDCHFHolding trades is what I want to get better at and backtesting is going to help me do it. I've backtested NZDCHF today and found that it was a remarkable session. I was able to enter 4 trades in the span of 3 months gaining over what would have been 15% from the trades, but one trade hit my break even point so I gained around 12% from my trades. I used the monthly, weekly, and daily timeframes with most of my entries coming from the daily timeframe. I used my own strategy known as TMP. It stands for Trend, Market Structure, Price Action(or, pending orders). I identify the trend first, then set my estimation zone, then place my pending order. In that order, thats it. I don't use support and resistance, trend lines, or indicators for the most part. I like using price action. Its my preference that has changed throughout my trading career. I've noticed I a few reasons why I don't enter my best setups are due it 1) Money trauma( family had poor money management) 2) Time limit( pressure from showing results) To get over those, I have set parameters to take partials, move my trades to break even, and set pending orders to eliminate myself not entering my own trades. This helps in the long run and has helped since collecting data on myself since the start of me using prop firms. I can only pray that through my backtesting and trading journey, this can help you too. Please let me know if you have questions regarding my backtesting or found something unique that helped you. Safe trading❤️
Education
by ShaquanLopez
1
XAUUSD, EURNZD, EURCHF, NZDCHF & EURGBP Analysis for next weekWe have good setups in these pairs . Shorting most of Euro pairs and also GOLD. But we have to wait for good entries. How we can buy NZDCHF and sell EURCHF at the same time? If we look at RSI in these charts we will found it overbought in one and oversold in the other one. And this also means that NZD is strong and EUR is weak. Which may suggest that this spike in EURNZD is UTAD not BOS. What do you think?
Short
by MoemenAwadalla
1
NZDJPY I Inverted head and shoulder - LONGWelcome back! Let me know your thoughts in the comments! **NZDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
16
EURNZD I Wait for break of resistance and go LONGWelcome back! Let me know your thoughts in the comments! **EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
7
Getting a Good Deal..When Trading any Market it is your job to attain value. Just like any other business that exists in the world you must be Buying for less and selling for more or selling for more and buying for less. It's 6 and 2 3s. Trading online with a computer is no different. Your job is to structure your capital so that you can consistently attain this value and Trade WITHIN the capabilites of your equity. This means Trading small and gaining market value over time. In this video we will look more about Where we can buy and sell and basic principles that some fail to grasp so easily..
Short
by WillSebastian
2