FX:AUDNZD Australian Dollar/New Zealand Dollar
Looking at the price 1.03x I ask myself, what are the odds of not being in the money at any given point once I'm long? Extremely slim is the answer.
Trade closed: target reached: Closed position at 1.04 - missed long entry and did not get my ideal target (missed by 20 pips)
Trade active: WILL ADD SUBSTANTIALLY IF PRICE REACHES 1.0550. I just published a short on AUD - that impulse move down will be the time to ADD or structure a trade to go long on AUDNZD.