Nzd bullish after centralbank meeting
Updated
Impulsive upwave yesterday, followed by a flag correction.
Anticipating the end of the correction, spliting my position 50% on NzdUsd buy and 50% on AudNzd short.
Centralbank was suprisingly bullish yesterday, and i am playing this idea.
Anticipating the end of the correction, spliting my position 50% on NzdUsd buy and 50% on AudNzd short.
Centralbank was suprisingly bullish yesterday, and i am playing this idea.
Comment
Just to clarify i am not expecting a huge rallye on this trade, i think if all goes well 30-40 pips profit are a great achievement, but if you notice the stop is also only 11 pips. So the R:R is still decent, or else i would not consider this trade worth taking.Trade closed: target reached
Closed position +33 as planned.
Related publications
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.