RBNZ meeting trade idea.
Updated
So if the RBNZ tonight is a little less dovish than expected. I’d like to sell AUDNZD on the breakout lower just as I have laid out here on my chart.
So I’d sell 1.0735-40 zone
Set a stop of 25-35 pips
TP 1.0650-75 zone
I’d be hoping to get filled off a momentum play down where if everything goes as planed it will keep going lower after the order is filled. We have 15 minutes till the RBBZ meeting. Good luck everyone.
So I’d sell 1.0735-40 zone
Set a stop of 25-35 pips
TP 1.0650-75 zone
I’d be hoping to get filled off a momentum play down where if everything goes as planed it will keep going lower after the order is filled. We have 15 minutes till the RBBZ meeting. Good luck everyone.
Comment
The stop zone or the red box will only become live if price presses down past that small white zone in between the red box and the green profit box.
Comment
Took 1.2 off to create a free ride trade / risk free trade now. Allowing the market to decide fir me. The best kind of trade. No more computer screen watching. Off to live life again. Comment
Eating chart on previous post Trade closed manually
We’re done! Took the last bit off a few minutes ago. First bit was +20 pips, and took the last off for +30 or a total of 50 pips banked. All the best to everybody. Off to the next trade idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.