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  1. #1
    Specialist Member protrader's Avatar

    My High Probability Trade Ideas !!!

    Hello Traders here is my trade idea on GBP/NZD. I am expecting the target to be reached by Wednsday/Thursday of the coming week. Stay tuned for updates!

    Here is the actual trade idea:
    https://www.tradingview.com/chart/GB...2-GBPNZD-LONG/
    Last edited by protrader; 04-08-2017 at 01:16 PM.
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  2. #2
    Legendry Member Michael Hodges's Avatar
    Looks good, let's see how it turns out.

  3. #3
    Master Member Okane's Avatar
    Do you set any closer targets too?

    I would first watch this primary target:
    If it breaks it's a good sign that it could continue towards your target.
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  4. #4
    Moderator Kolyo's Avatar
    Happy to see this nice TradingView chart The pair is somewhat more exotic and I am not sure how much the levels presented are strong enough. You have to keep in mind that in cases of crosses like GBP/NZD the more liquide markets are GBP/USD and NZD/USD that's why most of the price action in the cross is drove by the forces in the major pairs!
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  5. #5
    Legendry Member willyw's Avatar
    Quote Originally Posted by Kolyo View Post
    Happy to see this nice TradingView chart The pair is somewhat more exotic and I am not sure how much the levels presented are strong enough. You have to keep in mind that in cases of crosses like GBP/NZD the more liquide markets are GBP/USD and NZD/USD that's why most of the price action in the cross is drove by the forces in the major pairs!
    Yes, you are correct, Kolyo. The majors will affect its crosses.

  6. #6
    Specialist Member protrader's Avatar
    Here is my video analysis:
    https://youtu.be/EMYeS8jZu8M
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  7. #7
    Specialist Member protrader's Avatar
    Quote Originally Posted by Okane View Post
    Do you set any closer targets too?
    There is no closer target than I have according to my analysis. But yea, I always consider the closest target.
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  8. #8
    Master Member Okane's Avatar
    Quote Originally Posted by protrader View Post
    There is no closer target than I have according to my analysis. But yea, I always consider the closest target.
    Well, check the first picture I shared, then check your charts, see that's why it's good to have closer targets:
    http://prntscr.com/eupk1y

    Those are same lines as before, first one was reached and broke out which gave an entry for a call towards the horizontal line
    Then it fell down and gave another entry for continuation. I always break up the market in "smaller" targets, helps me see which way I should be trading.
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  9. #9
    Specialist Member protrader's Avatar
    Quote Originally Posted by Okane View Post
    Well, check the first picture I shared, then check your charts, see that's why it's good to have closer targets:
    http://prntscr.com/eupk1y

    Those are same lines as before, first one was reached and broke out which gave an entry for a call towards the horizontal line
    Then it fell down and gave another entry for continuation. I always break up the market in "smaller" targets, helps me see which way I should be trading.
    Thank you for sharing, but always I stick only to my own analysis. Probability of my trade is very high. However lets wait and see.
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  10. #10
    Specialist Member protrader's Avatar
    Target reached
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