NZDCAD - Medium term - Buy or Buy on Dip
Refer to the text in chart.
I am bullish on AUD and NZD pairs.
I will buy all of them to diversify my portfolio but i am expecting AUDCAD/NZDCAD to give me the most return (be the strongest pairs).
Feel free to buy AUDJPY, AUDCHF, AUDCAD, AUDUSD or buy on dips. Also you can buy NZDJPY, NZDCHF, NZDCAD and NZDUSD, or buy on dips.
NOTE: I TRADE LONG-TERM SO PLEASE DO NOT PANIC OVER 50-100 PIPS. Use smaller margin and hold onto the trades for 1 month at least. Until we make significant profit.
And leave lots of extra margin, so you can buy on DIP. If you buy too much now and price goes down, you will be stuck in loss.
It's better to make a little profit and regret that you didn't make big profit........than chasing after big profit and regretting that you suffered a big loss. At least you made some profit, instead of loss.
So if the trade goes up prematurely and you didn't buy much, It's OK, you are in profit.
If you follow these trades i am putting out, trade conservatively and follow my advice of buying on dips (so you can average your trades lower). You WILL make profit.
Good luck
I am bullish on AUD and NZD pairs.
I will buy all of them to diversify my portfolio but i am expecting AUDCAD/NZDCAD to give me the most return (be the strongest pairs).
Feel free to buy AUDJPY, AUDCHF, AUDCAD, AUDUSD or buy on dips. Also you can buy NZDJPY, NZDCHF, NZDCAD and NZDUSD, or buy on dips.
NOTE: I TRADE LONG-TERM SO PLEASE DO NOT PANIC OVER 50-100 PIPS. Use smaller margin and hold onto the trades for 1 month at least. Until we make significant profit.
And leave lots of extra margin, so you can buy on DIP. If you buy too much now and price goes down, you will be stuck in loss.
It's better to make a little profit and regret that you didn't make big profit........than chasing after big profit and regretting that you suffered a big loss. At least you made some profit, instead of loss.
So if the trade goes up prematurely and you didn't buy much, It's OK, you are in profit.
If you follow these trades i am putting out, trade conservatively and follow my advice of buying on dips (so you can average your trades lower). You WILL make profit.
Good luck
it is now around 0.84850
i will take some profit but i expect this pair to go up more.