FREE

Get The Ultimate Guide to Price Action Trading

  • How to decode what the markets are telling you so you can identify high probability trading setups—consistently and profitably
  • How to identify hidden strength and weakness in the markets so you can “predict” market reversals before the crowd
  • A simple trading strategy that allows you to profit in bull & bear markets (without any indicators)
__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-color-0)","hsl":{"h":20,"s":0.99,"l":0.01}}},"gradients":[]}}]}__CONFIG_colors_palette__
Yes, Give it to me

What if markets don’t move? 

 May 4, 2014

By  Rayner

The majors have been quiet over the last few weeks, are there still opportunities elsewhere?

  • Hi Rayner,
    Thnx for sharing your thoughts. The last pair is of interest to me. Last week I noticed that NZD kept going up. As NZD went up so did AUD, so bcos of these movements I didn’t take the trade which you recommended i.e. to short AUDNZD. To short AUDNZD will
    1. AUD go down n NZD go up or
    2. AUD remain as is n NZD go up.

    Thnx again.

  • If you were to short Audnzd, you will be expecting the Aussie to depreciate against the Nzd.

    Meaning a fall in Aussie and a rise in Nzd.

    Hope that helps!

  • {"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}
    >