MatrixBits

NZDUSD - Hasn't broken trendline yet

Short
MatrixBits Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD - Hasn't broken the trendline yet, and looks like it's heading for a short. I would wait for the break-out to around .67400 area and short.
Trade active:
Placed short around this area seeing if it moves more to the north. Just waiting.

Cheers and Happy New Years!
Comment:
Could go a little more to .67700 area I do see some resistance but before I make a huge trade just want to wait it out.
Comment:
Made another entry placed SL at .68 area for a $50 loss. Will add more once in the Green.
Trade closed: target reached:
My target has been reached .66900 waiting for more up pip points.

I am only a speculative trader and this is not financial advise on trades.

- If you are losing money close the trade

- Start with .03-.05 units and learn to manage risk

- Don't take profits too early cheers!


MatrixBits
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