IamJeanPaul

Nzd bullish after centralbank meeting

Long
IamJeanPaul Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Impulsive upwave yesterday, followed by a flag correction.
Anticipating the end of the correction, spliting my position 50% on NzdUsd buy and 50% on AudNzd short.
Centralbank was suprisingly bullish yesterday, and i am playing this idea.
Comment:
Just to clarify i am not expecting a huge rallye on this trade, i think if all goes well 30-40 pips profit are a great achievement, but if you notice the stop is also only 11 pips. So the R:R is still decent, or else i would not consider this trade worth taking.
Trade closed: target reached:
Closed position +33 as planned.

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