Thread: GBP/NZD... this Pair is Amazing!

Yep, great pair. Extraordinary volatility, but higher rollover fees. . .AND refunds! She can be scary though 8}

Oh really, I concur with you that it's *QUITE* a pair to say the very least. Ever since I began looking at this pair a couple of months back now it's always like 200-300 pip days, several days even more, all thanks to the evaluation of GBP vs USD along with NZD's almost 40 percent discount to USD. But have to confess I was not enjoying the market right on Aug 24th and got a little sticker shock on this pair. Have been very cautious with it because. Annoyed with myself that I didn't see I should've been. Could've made out with my initial $5K day in all that panic that day, which frenetic .

I have been trading this pair lately. Only using half of my typical size, but winning super easy trades. This pair just trends extremely well. My broker's spreads seem to be pretty comparable to most others (6-8 pips).

Originally Posted by ;

Here is Your 4 Hour Chart. After the big spike a few weeks past we have entered consolidation. We're looking for a sell signal here in the top. Await the sell signal. Don't sell I am convinced we will get a fantastic sign before the GBP rate decision tomorrow morning. is a virtue! picture

What is your system?
Have not a total discription?

Thank you

I have been trading this pair, EURAUD, GBPAUD, and EURGBP for a couple of decades now. I used to pay attention but the spread is absurd with this pair. It's over 9 pips with forex.com for a broker. GBPNZD is still large, 7 - 8 pips, but the daily range on GBPNZD is well over 200 pips almost every trading day!

Good spot

Originally Posted by ;

I've been investing in this pair, EURAUD, GBPAUD, and EURGBP for a few decades now. I used to pay attention however, the spread is absurd with this particular pair. It's over 9 pips using forex.com as a broker. GBPNZD remains high, 7 - 8 pips, but the daily range on GBPNZD is well over 200 pips almost every trading day! Good place

bad spreads from a bad broker

Originally Posted by ;

quotepoor spreads from a bad broker

Can you reside in the US? If so, which broker do you use? I have used FXCM, and now I'm with Forex.com. Searching for a broker with decent spreads in the US.

Originally Posted by ;

quote Can you live in the Usa? If so, which broker do you use? I have used FXCM, and now I am with Forex.com. Just searching for a broker with spreads in the united states.

Yes I reside in the u.s. I utilize tallinex.com, they accept u.s. Customers

Looking in a short on the H4

Would you teach/guide your trading egy for this pair?