FX:NZDCAD   New Zealand Dollar/Canadian Dollar
97 2 12
2 months ago
Looks prime to continue the uptrend here. RgMov still strong and we are coming out of OS levels on CCI . Range expansion to the upside. 2-3 ATR stop loss. Good luck. Size appropriately.
2 months ago
Comment: we are coming off the lows, looking safer. Daily close important here
2 months ago
Comment: New daily high :P
2 months ago
Comment: taking profit here. Will monitor POST OPEC
2 months ago
Comment: looks like we got a good exit. Would have lost most of the profit if we let it run
2 months ago
Comment: NZD is weak across the board. Oil still rallying. Definitely not something we want to buy at this point. In fact, one could even short a break of the option level as it should accelerate down
2 months ago
Trade active:
snapshot
Short active
2 months ago
Comment: We closed at 9400 to reduce risk ahead of Italy Referendum and NFP, looks like this pair has already started pushing back up. Sit on the sideline for now. If still in shorts, I recommend you take a look at the 4hr and close :P
NearDrowning
2 months ago
Are you going to watch OPEC decision for this trade?
Reply
Alex.Singletary NearDrowning
2 months ago
@NearDrowning, yes ofc, although I highly doubt there will be any agreement due to political problems outweighing the economical fix they are striving for.
+1 Reply
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