Share My Chart - Selling NZD/JPY

in #forex7 years ago (edited)

Hey Guys and Gals. I'm a little new here but have been trading the Forex Market for 3 years. I've try so many strategies it can make the head spin. But I'm settling down with some techniques that I'm pretty happy with. I wanted to share this sell trade I'm making on the 1 Hour chart for NZD/JPY.

First I use a weekly chart and heatfinder indicator to help me find which currency pair is moving more efficiently than other pairs.

Weekly Efficiency Chart 1-8-18.JPG

After I pick out a pair I like, I then go to the one hour chart and use a trend/whipsaw filtering indicator to help me decide which way to trade. and use Support lines to help figure out how low I think it will go.

For the next couple days I will be holding a sell position on NZD/JPY.

Selling NZD-JPY H1.JPG

Lets see how it goes!

Sort:  

Congratulations @techmaster, you have decided to take the next big step with your first post! The Steem Network Team wishes you a great time among this awesome community.


Thumbs up for Steem Network´s strategy

The proven road to boost your personal success in this amazing Steem Network

Do you already know that awesome content will get great profits by following these simple steps, that have been worked out by experts?

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.029
BTC 66498.47
ETH 3469.97
USDT 1.00
SBD 2.62