Tradeplicity
Short

Establishing a SHORT NZDUSD Position

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
114 4 2
The Fed hinted to raising rates 4 times in 2016 while the Kiwi might be looking for some cut in the next 2016.
Fundamentally and Technically, we are taking the odds on.

Remember, no one knows what the market will do. If you can swing the odds slightly in your favor with sound money management and thirst for knowledge, you can beat 95% of traders out there, YES even those on Wall Street.

Comment: The entry zone was just what we anticipated. Great trade for those who entered.
Yes, I entered ;)
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I have the same view, looking to add to an existing short I entered earlier. It's key however, that sellers step in next week to bring this down again. I'd like to see 0.6780 again next week Monday or Tuesday. Before entering a short.
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Piet.Hein _VincentP_
My order was triggered

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Nice view, I share this idea too. At the moment my sell limit is at 0.6835, updating everyday to sell at the touch of main trendline.
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