Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

EURNZD trading strategy explained

6 Dec 2024 · 1 min

Watch on YouTube

1:11

In this video, Vladimir Ribakov revisits a EUR/NZD trade originally shared on November 12th, walking through the technical reasoning behind the entry and exit decisions. He explains that on the 4‑hour chart the price broke below a recent trendline, while the 1‑hour chart displayed three consecutive lower highs and lower lows, indicating a downtrend. A bullish divergence appeared on the MACD moving‑average, suggesting a short‑term rally toward key Fibonacci levels. The rally indeed reached those levels, after which the price sharply reversed, delivering a >300‑point move to the downside. Ribakov emphasizes the plan of buying on short‑term rallies and selling on long‑term declines, and concludes by inviting viewers to join the Home Trader Club for further education and real‑time trading opportunities. A brief second speaker points viewers to a link in the bio.

Chapters

Here is a follow-up on our EUR/NZD trade we shared with you here. This trade was shared with you on November 12th. The plan was on the short-term buy, long-term sell the rallies. Let's take a look on the charts and try to remember what did we spot there. So the way we saw that 4-hour chart broke below the most recent trend line while the 1-hour chart was making 3 lower highs, lower lows. As the 1-hour chart was forming a bullish divergence on the moving average of the MACD, we expected to see short-term rallies towards the Fibonacci levels, and from there, as long as the Fibonacci levels will hold, sell. As we can see, the rally took place directly to the Fibonacci levels, wherefrom it delivered a phenomenal move to the downside with more than 300 points. Join our family, the Home Trader Club, for complete trading courses, real-time trading education, and real-time trading opportunities.
Link in the bio.