ChrisPulver
Short

GBPNZD - does the market love the carry?

FX:GBPNZD   British Pound / New Zealand Dollar
42 2 2
February has been a nasty wedge/range month. I noticed the GBPNZD             off of this recent bearish channel resistance may push down to 2.03 or lower to find some support. Ideally, I'd love to sell and hold until 2.000 but I'll most like take profit at 2.03 or move my stop to lock in profits.
Hey chris, is the entry at the 38.2 retracement of the downside move that we got? I just wanted to know how did you came up with the entry level. Thanks!!
Reply
ChrisPulver moneymaking
It was the 50 entry actually - which was not filled and the market ran away - the 382 is great when it runs but I usually put my stops above the highs so the 50 retracement is my favorite fill.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out