corsicasia

Short at 1.8770 for target 1.8680 =100 pips

corsicasia Updated   
OANDA:GBPNZD   British Pound / New Zealand Dollar
Ok the Nzd are very weak as trhe Leader Peters backed Labour to form a government so the market remain nervous because they scare they will do same as Signapore monetary policy like a "net effective exchange rate target" so is very not good for NZD but all i said is for now is just speculation about ,and when it will be more clear i think Nzd will get back some color.

On the other side with the GBP stilla uncertainly mood about brexit + alos the last good inflation number +Carney not make GBP go back up.
and today the big miss figures for retails sales is very not good ( ven the market do opposite and make the gbp more strong ( ahahah )

than i try a short intraday,short term

Entry at 1.8770

Target 1.8680

Gain= 100pips

make a stop loss 35 + up the resistance
Comment:
ok 40 pips i cut 1 positio, in full profit and let other in trailing stop,for secure allthe gains..so cannot lost anymore but surely to have at least 40 to xxpips
Comment:
i stopped the second postion at 1.8720 when i see he start to reboung before my target so it is50pips more so total 40+50= 90pips ;hope you manage your trade same i mentionned all tile in 2 lot

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