Thursday, March 01, 2007
Forex Day Trading System - NZD/USD broke out
Forex Day Trading System - NZD/USD broke out
Thats what trading currency is all about. A currency pair that is range trading or moving very slow is bound to break free from the shakles of support and resistance and then starts trending strongly..
Its more like a runner who keeps running and reduces pace to catch some breeathe only to start running once again.
I was watching NZD/USD for last 5 days and was anticipating that this currency pair is very good for day trading or swing trading forex under any system..When it broke, Immediately jumped on it and am currently 75 pips in profit..
At this time, the indicators don't matter such as RSI or MACD and in many cases even EMA..what I generally do is identify a support and resistance level to see where the forex pair will bounce from..
Thats all in today's session..keep visiting to learn more in trading the popular market of forex.
Thats what trading currency is all about. A currency pair that is range trading or moving very slow is bound to break free from the shakles of support and resistance and then starts trending strongly..
Its more like a runner who keeps running and reduces pace to catch some breeathe only to start running once again.
I was watching NZD/USD for last 5 days and was anticipating that this currency pair is very good for day trading or swing trading forex under any system..When it broke, Immediately jumped on it and am currently 75 pips in profit..
At this time, the indicators don't matter such as RSI or MACD and in many cases even EMA..what I generally do is identify a support and resistance level to see where the forex pair will bounce from..
Thats all in today's session..keep visiting to learn more in trading the popular market of forex.
Labels: currency trading, Forex day trading system, forex technical indicators, nzd/usd, range trading, swing trading
Comments:
<< Home
Hello,
i would like to make link exchange with your blog
if you accept send me mail
My blog is http://forexdb.blogspot.com
take care bye
Post a Comment
i would like to make link exchange with your blog
if you accept send me mail
My blog is http://forexdb.blogspot.com
take care bye
# posted by 
: 11:31 AM
: 11:31 AM
<< Home
