Mauri - The life force which all objects contain.
Good Evening / Morning Dynamic Traders
“Better to have tried and failed, than not tried at all”
Cross = NZD, GBPNZD Daily below (Courtesy of Advanced Get / E Signal)
Force works in a strange way, when an amount of energy develops it needs to find a way out and we get a BOB, which somtimes can be very powerful but not always. We also generaly will see the seesaw effect where as one goes down the other side goes up. I do admit to knowing nothing about Physics, even if I did learn to fly a helicopter, however these couple of facts are useful in your trading.
Lets look at the NZD, it is currently in an uptrend and showing further strength, therefore against other crosses we should find weakness. We have weakness currently in the EUR & GBP and if we ckeck our COE we could achieve profits on both sides, if you get it wrong it could lead to double losses.
NZD
GBPNZD
Trading on Forex
Win the "ears" of the people, Their "eyes" will follow.
Remember PRICE is your number 1 indicator, Support & Resistance is your second. Keep it simple.
Please do your own analysis before entering a trade.
Trade with Passion
John Maher
Forex Analyst
