Rocketman

AUDNZD: Divergence Trade

Long
Rocketman Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
4
One of my favorite types of trades are these divergence trades. So, All that needs to be done is a pullback. And I have to determine which will be faster, AUD or NZD. My pending orders are in! Besides this...I am in other trades, like USDJPY.
Comment:
I am still holding this loser. NZD is stronger than AUD at the moment. I am now bearish Australia against the dollar. Not sure about New Zealand yet.
Trade closed: stop reached:
Trade almost went to target...but I was stopped out.

Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
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