NZDCAD buying on a dip Long

New Zealand Dollar/Canadian DollarFXCM

Description

⋅ Jun 24, 2014 8:12 PM

I believe NZDCAD will receive support here, NZD still bullish on rate hike plus carry trade.

learningfx.com/

Comments

TradersClassroom

⋅ Jun 24, 2014 9:32 PM

Do you have a specific entry, stop and take profit set?

LearningFX

⋅ Jun 24, 2014 9:35 PM

Not yet, I'm still observing it.

TradersClassroom

⋅ Jun 24, 2014 9:43 PM

Does seem to be running out of steam. I've been on the short side of this trade for two days and we havent gone anywhere.

LearningFX

⋅ Jun 24, 2014 9:48 PM

hehe this pair is really a pain sometimes ;)