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.
Note
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.
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