NZDUSD daily chart 0.7280 short for a swing/long time
A daily chart setup for a short swing/long trade.= enter at 0.7280 ( if you are not in the trade so calcul your RR for see if you can enter in)
SL between 0.73200 and 0.73550 at the end my target is the cluster around 0.7070 between daily uptrend line and h4 downtrend line that he broke up the 21july .
Dollars it seem to regain Power with hawkish Fomc and Yellen and its normal
Last data like trade balance are soft or bad
I dont thing RBNZ will Hike rate this year and i dont think will have a big bullish speech
Trade will be cancelled only if RBNZ hike rate by surprise or a suprise bullish speech
Also i am short wih AUDUSD for many reasons
also we have SL and our RR is not BAD
SL between 0.73200 and 0.73550 at the end my target is the cluster around 0.7070 between daily uptrend line and h4 downtrend line that he broke up the 21july .
Dollars it seem to regain Power with hawkish Fomc and Yellen and its normal
Last data like trade balance are soft or bad
I dont thing RBNZ will Hike rate this year and i dont think will have a big bullish speech
Trade will be cancelled only if RBNZ hike rate by surprise or a suprise bullish speech
Also i am short wih AUDUSD for many reasons
also we have SL and our RR is not BAD
Comment:
i cut 1 lot at +83 pips so fast and i let other lot same as my habit
Comment:
i secure because of yellen speech even i have my target and AT we never know,a speech can make big change
Comment:
i closed my second lot +103 pips coz tomorrow US GDP
Trade closed: target reached:
Target reached