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Forex Trading Strategies: Nzd Usd Triple Bottom?
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Forex Trading Strategies: Nzd Usd Triple Bottom?
As shown in the chart above, Forex trading pair: Nzd Usd
Nzd Usd seems to be forming a triple bottom with the 3 lows as highlighted by the circles.

It is held by a price pivot and the fibonacci level on the 4hr time chart. And also the 200 moving average on the daily time chart.Divergence is also shown in the macd as drawn by the red line.

Therefore is a triple bottom in the forming?
As always,
Trade with knowledge and understanding. Cheers.

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About Ezekiel Chew

Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders.

Ezekiel is considered as one of the top forex traders around who actually care about giving back to the community. He makes six figures a trade in his own trading and behind the scenes, Ezekiel trains the traders who work in banks, fund management companies and prop trading firms.

GET THE PROPRIETARY ONE CORE PROGRAM (The same system I use to make 6 figures a trade with)

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  1. Price Action – Trading Volatility.wmv | Forex Trading Advice August 24, 2010 at 11:29 pm Reply

    […] Forex Trading Strategies: Nzd Usd Triple Bottom?-Asia Forex Mentor Price action forex trading strate… […]

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About Ezekiel Chew
About Ezekiel Chew

Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders.

Ezekiel is considered as one of the top forex traders around who actually care about giving back to the community. He makes six figures a trade in his own trading and behind the scenes, Ezekiel trains the traders who work in banks, fund management companies and prop trading firms.

GET THE PROPRIETARY ONE CORE PROGRAM
(The same system I use to make 6 figures a trade with)

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