kingschinwe

MY TAKE ON GBPNZD

kingschinwe Telah dikemas kini   
FX:GBPNZD   Paun British / Dolar New Zealand
I believe the pair is at my NO TRADE ZONE, at this stage, waiting for price at the territories I highlighted, for the necessary actions.

Trading is a war between Bears and Bulls, I am not permanently on any side, I declare a trade free zone and join the winning side,
ride with them and abandon them, when I make my pips, then wait to continue with them or join the opposing side.
While it sounds like someone is a traitor, that is the reality of trading.
Komen:
Still waiting; it looks like upward move is favoured, but we need close above the zone, before I will jump in.
Komen:
Upward move activated, but I expect a retracement to 1.9306 region; once the price comes to that region, I will buy, and take it from there. Note that NFP is in few hours, may mess up the plan.
Penafian

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