My new video on GBP/NZD and NZD/USD may be of interest to you!
Description:
“In today’s FreeFX video, I look at these two pairs historically and find a similar example of how and when congestion was broken: we are at a crossroads for the Kiwi and the Pound, and the upcoming monetary policy statements in September could be where the future trends for GBP/NZD and NZD/USD are decided.”
I got out of my short, small scalp, and figure to drop another 100 pips, but retrace looked iminite, still up 85% since Thursday, that includes 2 losses i had to take, and a flob on my part of setting my stop wrong, and it instantly closed me out. ugg…
actually, Im wrong, I took a lose that instantly turned after my stop loss hit, would of recovered, and the other lose was the SL flob, so 2 losses out of 30 trades.
Should be up 133%, but better then being down -50%, lol…
Good one, Eddie. I made +250 pips on the short from 2.3940. So there are a lot of pips to be made both long and short.
I am also looking for the next opportunity to jump in. I would look to short if it gets back above 2.3900. I would only look to go long if it gets near 2.3600. Right now it is in the middle and could go either way.
Win, lose, or breakeven, this is by far my favourite pair. Worth trading just for the fun.
Seems to have found the bottom, so ill be back in while its under 2.38
Its been in a range for a bit since about 7/16 Although the good thing about this pair is that there r plenty of pips to trade even when its in a range.
Im thinking big move soon. What do u guys think.