FX:NZDUSD   New Zealand Dollar / U.S. Dollar
924 7 16
Hi all,
A monster trade is setting up on NZD/USD             and I am expecting NFP to make the first push to the downside tomorrow.

- See chart for description.

- To put some perspective on the massive potential this trade has:
1.0 Standard lot size will give you 35.000 USD.
0.5 Lot size will give you 17.500 USD.
0.1 Lot size will give you 3.500 USD.

As always,

Happy trading and good luck !
Do you still agree with this?
Interesting idea, but I think that shorting here, with expectation for a 3000 pips move, after 1500 downward move with out real correction, isn't realistic.
Anything can happen, but I'd focus on more tighter targets if I'd short this pair.

Tradinggrouptw themarketzone
y, definitely expect some re-tracement, but as said its a long term trade for possibly months :)
+1 Reply
Tradinggrouptw themarketzone
At least recent lows will be reached before a re-tracement kicks in, I predict.
+1 Reply
On the contrary my friend, weekly has a bullish divergence (with RSI). Higher low & lower low. There will be a drop in NZDUSD (as with EURUSD) after which we will see a rally back to 0.77 at the minimum.

That said, staying long AUDNZD might be a safe bet until the storm settles.
AUD/NZD in description, chart shows NZD/USD?
Tradinggrouptw mcpeacocks
Thanks man, its been changed :)
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