Kroner Update (SEK, DKK, NOK) - Page 4
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Thread: Kroner Update (SEK, DKK, NOK)

  1. #31
    Quote Originally Posted by ;
    And I´m from EURNOK... piece of cake
    What time scale are you trading on? The daily swings in EUR/NOK last couple of days are enormous. Low pip value, but still.

  2. #32
    Quote Originally Posted by ;
    What time scale are you currently trading on? The daily swings in EUR/NOK past few days are huge. Low pip value, but still.
    Daily, but I keep a watch out for 3h for powerful SR zones also.
    I don't let profit become a looser. Bag the profit! Better for my own nerves.

    That I´m trying to short again soon

  3. #33
    Had been watching the USD/NOK over the past couple of days awaiting a brief. But doesn't look like it's developing into a brief position if it breaks through the resistance.

    Quote Originally Posted by ;
    Daily, but I keep an eye on 3h for strong SR zones also.
    I never let profit turn into a looser. Bag the profit! Better for my nerves.

    I´m seeking to brief again soon

  4. #34
    1 Attachment(s)
    Quote Originally Posted by ;
    Daily, but I keep an eye on 3h for powerful SR zones too.
    I don't let profit turn into a looser. Bags the profit! Better for my nerves.

    That I´m looking to short again shortly
    seeking to short usd/nok myself. Have a look at the attached study and provide me your feedback on it. Moving to send some feedback over to the dailyfx team.
    https://www.nigeriaforextrading.com/...000-month.html

  5. #35
    Quote Originally Posted by ;
    Seeking to short usd/nok myself. Have a look at the attached research and provide me your feedback on it. Going to send over some feedback to this dailyfx team.
    I concur that 6.60 and is a strong S/R zone. 6.25/6.30 is a strong S/R zone. Any movement around those areas will activate buy/sell.

    I´m not a particular fan of fashion lines... a Supply and Demand man. Supply and Demand can produce trendlines and channels however.

  6. #36
    Watch out for a candle inverse sign


  7. #37
    Appreciating the Brief on EUR/NOK and EUR/SEK

  8. #38
    Hi all

    I´m a Forex Newbie but I´m considering chances of going brief USDNOK, especially about hearing a recommendation Bloomberg

    The roll over rate looks good (or 'interest' as I use Oanda) and appears to be at a nice downtrend on the daily. Any thoughts/advice? And any information as eco info's ideal source on Norway, especially their stimulus?

    Cheers

    Hertz

  9. #39
    Quote Originally Posted by ;
    Hi all

    that I´m a Forex Newbie but I´m considering possibilities of moving short USDNOK, especially on hearing a recommendation on Bloomberg

    The roster over rate looks great (or 'interest' as I use Oanda) and seems to be in a nice downtrend on the daily. Any thoughts/advice? And any information as the best source of eco information on Norway, notably their fiscal stimulus?

    Cheers

    Hertz
    Check out the 15 year history for USDNOK here: http://www.findata.co.nz/Markets/Sto...REX/USDNOK.htm

    Norwegian numbers are really strong, and Norway will probably boost the key policy rate this fall, so there are a good chance of a more powerful NOK. Nearly all of the NOK strength could be discovered so keep an eye on the US Dollar Index also. (See picture, Dollar Index in crimson, or go to: http://www.netdania.com/Products/liv...rtStation.aspx)

    Greatest source of Norwegian important figures: http://www.ssb.no/english/ .
    Information concerning the fiscal stimulus: http://statsbudsjettet.dep.no/Tiltak...pid=30607#hopp

    My own opinion would be to await the USDNOK to go up, and ride the downward trend again.

    (From Norway )

  10. #40
    All much appreciated esp submitting the chart. I´ll check those links. Thanks again

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