#NZD/USD# NZDUSD has...from Martin.phan

28 Dec 2022, 10:55 · Views 1,126

#NZD/USD# NZDUSD has broken the price channel, which is a downtrend at the moment.Considering for Selling options, by the side, now is at the end of the year,the liquidity is also very low, then it is hard to predict 100% what can be happened.Please be careful and don't waste money on chances that you are not really sure. +Sell:0.62789,S/L:0.62907,T/P:0.62359,0.62096

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Martin.phan

156 Posted · 212 Followers

I am here to talk about my definition, my points of view about Forex market.I am happy to be a part of your profit when my signals can help you!

NZD/USD

5,308 Followers

Welcome back to another section discussing the fastest ways to burn your account. Do you know which is the #1 that fresh traders would encounter? IGNORING LEVERAGE. Less experienced traders are often too excited to bet a large amount of money on their standard account while this could be a double-edged sword. If they win the trade, this means they do a good job of making use of leverage. On the other hand, if they fail to make earnings, losing the account is just a matter of time. What we recommend to you is that, DO NOT open a “standard account” when you don’t fully comprehend the market volatility and the principles of leverage. Don't become a loser, or even a debtor, when you don't have enough trading knowledge.

Martin.phan

NZDUSD yesterday has increase strongly, but it faces off with the resistance at 0.63470 and felt back down.Now it is going to retest its old top 0.63387 and maybe it could be decrease to its own down trendline at 0.62902.Waiting until it retest at its old top then consider Sell options: Sell:0.63398, 0.63470,S/l:0.63558,T/p:0.63046,0.62866

Martin.phan

Don’t confuse margin and leverage. Though their relationship is interdependent, each functions distinctively. Leverage is the ability to control a large amount of money using none or very little of your own money and borrowing the rest. For example, to control a $100,000 position, your broker will set aside $1,000 from your account. Your leverage in ratios is now 100:1 and you have control over $100,000 with only $1,000. Meanwhile, margin is the initial amount of money that you have to deposit into your account in order to start transactions, including leverage uses, with your broker. Margin is usually expressed as a percentage of the full amount of the position. If your broker requires a 2% margin, you have a leverage of 50:1.

Martin.phan

#NZD/USD# NZDUSD is breaking trendline is head down to 0.63024, this is could be a signal for short-term downtrend to 0.62327.By the side, there is fibo 0.236 at .62974 which is a support but not really strong and it could be broken also.Considering for Selling options than Buying. +Sell: 0.62958, S/L:0.63030,T/P:0.62338

Martin.phan