nzdusd pending sell idea

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
9120 58
nzdusd pending sell limit
at 0.7191

this is a 3618 trade
coz we have a tripple top.
Comment: Stil in this trade, didnt break the previous high.
Trade closed: stop reached: NZD cut rate this morning, gap up
another excellent trade of this tntsunrise..... like short aussie

I dont understand. If there was nzd rate cut, it is bad for the nzd, so nzd should weaken, isnt it?
NZDUSD rate cut has been priced in. Market is probably in a buy high yield, thus like RBA and AUD, even if RBNZ cut rate, NZD likely to go up. Instead have shorted EURNZD and GBPNZD 2 days before RBNZ. Shorted EURNZD at 1.5560, now 1.5360 +200pips. Shorted GBPNZD at 1.8330, now 1.7880 (+450pips)
Gap is big, I had 42 pips slippage when stop was hit. SL 0.7270, filled at 0.7312.

Position was small. No big deal.
Is there any chance of going short nzdusd
trade closed means what happend jack ?
means trade closed..... means either the SL or the Target is hit
+1 Reply
There was a news for NZD.

anyway more good trades will come.

Have a safe flight Jack
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