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Schrodingers_cat
Jul 4, 2018 12:21 PM

Kiwi-Zloty - market neutral hedge #3 Short

NEW ZEALAND DOLLAR / POLISH ZLOTYICE

Description

NZDPLN performing ahead of G10 exchange rates.
Shorting a bit late from 2 standard deviations of
SMA in price on the daily chart but expecting a target
near the mean.

Comment

Target will remain till the price reaches the mean in the center

Trade closed: target reached

Profit target reached

Comment

The execution of this trade was a bit off. The discovery of the opportunity
was unfortunately a bit delayed.

I will continue to search for probabilistic trading setups in
this series: "market neutral hedge"
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