Looking to take a long on NZDUSD and hold it for possibly longer than a week given the time of year and the distance it has to travel.
Entry: 0.70352
SL: 0.69866
TP: 0.71488
I will look to take something off of my position with 20 pips in profit and let the rest of the position run.
Stop-loss will be moved the breakeven once 50 pips in profit.
Long NZDUSD
I am looking for the 0.6974 level on NZDUSD to be blown out before Wednesday 10pm EST because by this time the market will decide to consolidate. This is not a crazy trade, the set take profit is just the cherry on top for this trade but the main objective is really at 0.6974
Looking to enter at 0.69249
Stop loss is at 0.68910
Take Profit is at ...
I do not have a trade this week, I am currently traveling and by me providing trades at this time will not be of the highest quality.
I will see if there are more opportunities next week to post.
NZDUSD has shown weakness from the very start of the trading week. I am looking to trade in that direction on a retracement higher from yesterday's move. Looking for this trade to last into Friday morning and will add updates as the trade is triggered or if it is never filled at my requested price.
Entry: 0.69004
SL: 0.69528
TP: 0.68163
Looking for NZDUSD to break down lower since it just left the middle of a range.
We have just seen a large bearish candle trading aggressively lower indicating the downside is most probable.
Entry: 0.69896
SL: 0.70355
TP: 0.69248
Looking to see if we can get another opportunity to enter in at 0.70670. I am expecting price to trade up into 0.71096.
The stop loss is placed at 0.70383
This will be a decent retracement from the current downtrend. It will be interesting to see what happened once we get above those relatively 3 equal highs.
I see that NZDUSD has started making a sharp decline lower. I am looking for a retest of the 0.72000 (There is a chance that we may not get that, it can just run from where it currently is without looking back.)
If we get a retrade to the 0.72000, it shouldn't stay there long.
Entry: 0.72000
SL: 0.72427
TP: 0.71099
NZDUSD encountered so resistance just below the 0.74000 so I am expecting a small retracement back down to around 0.73243 area.
This is a healthy retracement before it resumes its up trend to the 0.74000
I still believe that this pair will want to trade to 0.74000 longer term but for now I believe that a retracement is in the cards near term.
This will be...
Looking to see if NZDUSD can hit 0.74000 before Friday.
0.73306 looks like a good entry but I think that 0.73000 would also be a good buy as well.
A good stop loss for an entry at 0.73306 is at 0.72782
A good stop loss for an entry is at 0.72491
This will be interesting to see coming to fruition.
This pair is showing higher down closes and higher up closes...
