Today is the last day of the month with a pretty heavy load of data through the day and the rest of the week. We will probably sideline just a bit longer before picking back up business as usual. Thanks to everyone who is still hanging around its just been one of those months. Remember to be patient its always better to not trade than to trade blind.
I see your point!
There might be no incentive for you, but there are incentives for the followers to use zulutrade - you know stuff like account protections, trade protections, options like this. The spread you are talking about it contributed to the broker and we all know we all can play with the spreads and the commissions of each broker, so there is always a way out.
Sell GBPNZD 1.9144 stop 1.92398 take profit 1.8986 understand this trade is a technical topside rejection based on the 4hour tf. We are not interested in having long exposure to the kiwi other than against the pound or the Aussie but in this scenario conditions are clean. We do have a few other interests that may come into play soon, I’m just trying to make sure that followers here will have adequate time to view and respond rather than my normal breakout plays.
Same strategy on zulutrade account applied as well?
I use the same strategies on all of my accounts I’m just a little more selective on zulutrade. If your following this trade, it got stopped out at -95 pips which is not at all what we like to see starting a fresh month especially after last month (still open on Zulu had to see the 1.93 reaction which held) but it happens. We have nfps in about 30 minutes so we are probably going to avoid trading as I’m sure everyone is hanging on this number and what it will mean for their taper bets. 
We can probably call it a day here, have a nice weekend everyone.
It’s early after a data print but another strong rejection to 1.93 on GBPNZD leads me to consider it was just a bit of timing. Nfps came in a touch lower at 165k so I’m a little surprised personally but regardless unemployment fell to 7.4% and 165 is still within the average range so its not an end of the world figure in my opinion.
After falling down to 1.92 (-100pip drop post data) pound kiwi rebounded and is on its way to 1.94 everything looked good but only candle closes can tell. USDCAD is poised for an upside breakout here hinging on 1.0370 I would venture to say 1.0425 is conceivable over the next few hours but considering our last few trades I think we are going to pass here.
oooh ok! this sounds interesting, toy have tighter trade management on zulutrade, correct?
Hey guys sorry I haven’t been very active its just been incredibly busy but I haven’t forgotten about you all 
we are still playing the dollar buying side and its been working well. I’m definitely going to try to get a couple out to you guys during this week. We’ve been seeing a reestablished interest in yen crosses as well as our dreaded friend EURUSD (worst instrument you can possibly play no matter what anyone tells you the success rate on the retail side is something like 35% winners). Also renewed interest in GBPUSD on the sell side but potentially looking for some natural hedge insurance via EURGBP sell or pound cad buying. These are just some out loud thoughts to keep you all in the know. Currently we do have a USDCHF buy and GBPUSD sell running. We are intending to begin working our Zulu account again but for anyone who has checked that out you will see a new account popping up very soon based on swing positioning as well as a short term trade account just to show off a our skill in a little more customized manor. Ill keep everyone posted
We just made a buy on USDJPY at 97.77 target 99.20 stop 96.60 we anticipate a combination of renewed dollar buying and softening yen through the next 6 days or so. These are rough target areas we generally reevaluate a trade as it runs based on factors like momentum to determine if these targets remain reasonable and likely.
UK retail sales just came in pretty strong at 1.1% sending the pound on a ride. We may move some focus over to GBPJPY or EURGBP. Currently USDJPY is sitting near 97.90 up slightly from our entry but not showing much momentum at the moment. Move your stop to break even. If it gets bumped from this point we may get an opportunity to reenter at a better price.
Our USDJPY long is in good water don’t forget to set that stop to break even if you didn’t already. If it runs back that far we do not want it! Currently slightly off the day high at around 98.45 around +68 pips
I’m reading 97.780 on fxcm so assuming you either are just barely still in or were nudged out. Price is hovering in that neighborhood but given the large reversal from 98.66 its pretty hard to be as interested as we were last night when we entered. So were just going to call that exit at breakeven. It seems someone really has it out for you guys here lol. Every trade I set up here is getting knocked out. Its funny because I was between signaling USDJPY buy or NZDUSD sell both of which I took but I didn’t expect the kiwi short to be a swing (it wasn’t I’m already out .80 to .7935) so I wanted to keep in the theme of this thread. Never fear ill get you guys set up with something soon its just a difficult time to be a swinger (pun intended) we can probably expect additional choppy trading likely up until that key sept. 18th FED meeting. Have a nice afternoon everyone.
How is your zulutrade account performing?
You are not giving us its update anymore…