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Bastosai
Jun 15, 2017 10:16 PM

NZDJPY - D - LONG - TDI Long

New Zealand Dollar/Japanese YenFXCM

Description

This is an experimental trade. I'm seeing bullish divergence on 4H and a clear breakthrough of TDI, PAC and BB. On daily we are already very high on RSI but due to the 4H divergence I'm forecasting a upside move in the following days. Of course, I could be wrong, so just in case, don't forget to put a SL :)
In my case, it's below the PAC on daily.
GL HF

Comment


This looks to good to be true! If a the end of the month we have a break of PAC on monthly TF, that could be a huge trade.
Let's move our SL to BE and see what the market gives us.

Comment

Booking 50% profit @81.75.
SL@be and let the trade run, especially because it's a carry trade!

Comment

Booking 25% here@82.8.
I Was looking to close the whole position, but this pair is still bullish on nearly all TF.
Let's put SL@81.1.

Comment

Closing here @82.7. After relooking at this pair, I'm seeing now bearish signals.

Of course, I could be wrong and NJ will rise more.
This has been a good trade.
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