corsicasia

short at 81.29 for target 80.64 (93 pips)

Short
corsicasia Updated   
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
i short nzdjpy because i see he try to pass the resistance at 81.30 for many time and fail
he is much overbough
Nzd outperfome all major currencies because of oil,copper and other commodities up
i think he need to take a breath and that commodities will take a breath too
Also all stock are so high and if they start to correct because of much are very overbought it will make traction down on usdjpy

short at 81.29

Target 80.64

gain 93 pips
i will make 2 x 1lot and will close the first at +25-40 pips and the second put a stop loss at +10 pip when i can for secure my gains and be safe



Trade closed: target reached:
i cutted my 2 position this night at 80.74 in my target zone that i draw so i make 2 x55 pips= 110pips

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