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JLJ002500
Dec 30, 2015 2:36 PM

NZDUSD - Trade Journal (current trade & trade set up) Short

New Zealand Dollar/U.S. DollarFXCM

Description

FX:NZDUSD



Short term correction.

Currently in trade. Short @.68425 w/ SL .68722 & TP .68005

RSI on daily shows a longer term bearish divergence, but (especially noticeable on 4hr chart), short term convergence...thus, potential to retest .6883 and potentially even test .69000 resistance.

Limited sell order @ .6859 w/ SL @ .69099 & TP2@ .6733 (TP1@ .6762)

Modified to 1/2 order @ .6855 & 1/2 @ .6870
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