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Tr3add
Oct 27, 2016 10:13 AM

Short NZD/CAD  Short

New Zealand Dollar/Canadian DollarFXCM

Description

Entry taken on early stochastic crosover (SOCO) in a live account - T1 is the weekly missed pivot at 0.94681 - Weekly pivots on this pair are hit in the week that they are created 89% of the time. High probability target, however I won't hold the position above the local highs. I would probably wait for another SOCO entry around 0.96870 but wouldn't be massively keen on re-entering. T2 is major resistance but low probability of price reaching there with out fundamentals changing on news.
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