FX:NZDJPY   New Zealand Dollar / Japanese Yen
37 2 1
Looks like FX markets have given up on a rate hike from anybody. That means ride the momentum back up to pre-correction levels. Pick any investment vehicle you want and ride it for the day.

Note: I am not a momentum trader unless I see this kind of price action.
I should clarify since I didn't show much on the chart.

This is a momentum breakout play; we see the resistance from 81-83~ and I am making the assumption that this run upward will be able to accelerate through it. This chart/trade does not show the proper entry, I would wait for a retracement to effectively play it. I'll keep an eye open for the entry point.
Reply
Great observation about "return to pre-rate-hike levels"...
+1 Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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