NZDUSD - Short, a strong NFP and some Covid info Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Mar 6, 2020 11:47 AM

https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6

Looking at the cases in the US compared to Europe & of course Asia.

The US economy is stronger than currently priced. Panic selling has caused a drop in the USD.

Trade closed: target reached

⋅ Apr 12, 2020 8:23 AM

Ended up moving the TP on this trade, added trailing stop which closed out at better than initial TP level.

Fundamental Analysis

Comments

Mayfair_Ventures

⋅ Mar 12, 2020 4:01 PM

still looking for a new short entry - been scalping for a few points down. but want the long term entry... Any comments or ideas?

Mayfair_Ventures

⋅ Mar 9, 2020 7:45 AM

Well.... not sure what happened overnight but I had a trailing stop and it stopped me our for a profit of 300 pips on that move. So for now trade complete and look to get back in later on. Happy Monday. What a good start to the week.