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KarYong
29 gru 2014 07:44

NZDUSD: Two potential setups Short

New Zealand Dollar/U.S. DollarFXCM

Opis

Our sentiment on this pair remains bearish. There might be two potential entry price to continue trading with the trend.
Komentarze
moneymaking
Hey akyong, I think the yellow Gartley pattern would be a better trade, since the D point completion is near the previous resistance level. Thanks for sharing.

Good luck trading!!
KarYong
Yup. Personally, I won't be trading this week due to the holiday seasons. Good luck and happy new year to you too!
moneymaking
Hey akyong, I also herd that it's better to stay out of the market near the end of the year. I really don't know the reason behind this. Could you please explain based on your experience, why should we do this? Thanks
KarYong
The main reason is due to low liquidity. Many of the big players are in the holiday seasons as well. During this period of the year, you will realise that price movement isn't as great too. With that, it is advisable to not put your capital exposed to the market, and simply take a break from trading at the mean time :)
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