The NZDUSD is in a corrective downtrend with each impulse having 3 waves in it . There is a possibility for one more 3 wave down leg .
Trade with care.
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download and use join.me/ this app for the webinar
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The webinar will begin in 30 mins room will be open 10 mins before it starts
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The webinar room will open in 10 mins
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FREE webinar today 25/10/15, 1 PM NY time . We use join.me/ for our webinars please download the free APP and use the code to log on . Code: FREEwebinarTV
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I like this idea but the swap might get a bit high by the time the trade completes.
moorekapital
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If you short now, yes, you'll feel the pain of swelling negative swap. But I think this amount is nothing, in the face of the potential reward on pay day ;). That said, I'd prefer to short at higher prices.
wylongmhy
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Master, you are too hard...... Pay attention to the health of the body! My English is limited, don't look at my joke...... Ha ha...... Thank you for giving me a favor!
TradebyRik
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hi Anil. Just wondering, the last Y- X leg(as marked on chart) isn't it a 5 wave move? X's are in 3 wave move or some complex pattern, i believe.