Bought AUD NZD 1.0790 TP 1.1285 SL 1.0724
Divergence regarding monetary policy.
AUD - temporary neutral stance with positive sentiment for aud after yesterday RBA statement.
NZD - Markets currently pricing in a potencial rate cut for the coming months.
Bullish dollar fueled by better then expected ISM Manufacturing PMI 52.8 52.0
Break of downward trendline.
Long 0.9440 TP 0.9540 SL 0.9395 (Not going full size due to CHF strengh)
Retest of previous support now resistance and a clear rejection of this level.
Wait for draghi speach and then I will enter short on this one.
Also price respected 61.8 fib retracement and closed down every time
Long term trade, I believe Nikkei respected a really strong resistance and formed a double top with divergence.
divided in 3 units with different TP, stop is moved to target hit as positions are closed.
even though its a high risk trade offfers a great RR and I think its worth take a shoot.
Entered long 95.86 with stop 96.95.
On this one used half my normal position size because I think the upside can be limited and the risk to reward is not very good, also retail traders are long on this position which does not contribute to my confidence.
On the positive side we good nice support on RSI, ...