Who had NZD trades this week? (RBNZ rate decision causing NZD to tank)

Had a long NZDUSD trade but thankfully hedged it with a long AUDNZD one. Still at a loss but significantly reduced at least.

Here’s a screenshot in case you don’t want to click.

NZD

https://www.bloomberg.com/news/articles/2019-08-07/rbnz-cuts-interest-rates-more-than-expected-to-revive-inflation

Except possibly short GBPNZD there was absolutely no reason to be long New Zealand

I was short GBP/NZD and AUD/NZD - these were stopped out.

NZD/CAD short is riding along OK. Three more NZD/XXX shorts triggered overnight. If this continues I’ll come out a winner.

Had two trades in my test series during “Bounce back”:

I’m sure someone has already opened a thread with this same question literally 2 days ago. Please search for it and add to it instead of starting new ones.

Oops. Yes, I see it now. Sorry about that! I didn’t realize someone already asked it.

That’s awesome. And wow three trades! How many do you currently have open? :hushed:

Nineteen open plus 2 entry orders pending. Whether all this is a really good idea is another question.

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