SignalSwiss
Long

NZDUSD: WAITING RBNZ.... FED..... BOJ....

FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
3282 6 83
Last week we tried to take a Long position on NZDUSD             , our goal is to speculate on potential "non-event" of September 21 (Announcement RBNZ interest rates). New Zealand's economy has been more balanced since their last meeting. We've seen both improvements and deterioration with dairy prices rising and GDP growth accelerating. Manufacturing activity slowed but only modestly. Recent comments from RBNZ officials have been optimistic but when the central bank last met, they said they "will" ease further. The central bank lowered rates by 25bp in August, which was less than investors anticipated. Our opinion is a "No rate cut is expected this coming week".

Thanks for your support and trade with care!
Comment: SETUP STEPS: How to set a setup plan

1. WEEKLY RESEARCH
Comment: 2. PATTERNS RESEARCH ON LOW TIME FRAME


Comment: 3. MONEY MANAGEMENT

Comment: UPDATES SETUP

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Trade closed: target reached:
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wowwwww

TP 1 hit already

PERFECT!!!
+1 Reply
Excellent job !
+1 Reply
Does this setup valid after rate decision from the FED ? or just before rate decision ?
+1 Reply
Had noticed the H&S formation too, but have been burnt the last 3-4 weeks with the Kiwi...am sure its headed lower but its just too risky to short it. Seems all the central banks of the world are on the opposite side of the trade! :)
+1 Reply
Whether its gonna be a win or a loss, setups you provide are one of a kind. You're awesome !
+4 Reply
SignalSwiss newwarez2
thank you very much!! :)
+2 Reply
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