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chastic
Jan 2, 2017 12:04 PM

NZDUSD Magic T (UPDATE) 

New Zealand Dollar/U.S. DollarFXCM

Description

After a profitable short position (See my earlier magic-t publish of NZDUSD). I have now updated it and the magic t. Currently the MT, volume and RSI is telling me we are going short again. But I will currently wait a bit to see if it will rebound. Keep an eye out for this one. It have been one of the more predictable pair. As a quick note. If it was actually going up from 0.69700 it would have been too late to go in long. It is only interesting because it's either reversing now or consolidating before continuing up.
Comments
kweiss
cool! How do you decide how to draw the T-Theory and their sizes?
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