Euro is showing continued weakness from yesterdays PMI news. Looking for the NZD to continue its possible turn higher. If this continues for both this could be a multi day move with plenty of time to scale into this position.
Looking to sell the weakness of Europe and Brexit chaos. Looking for reversal on the Daily to continue. Entered on short on a bull trap on the hourly chart. looking for a multi day move potentially adding size when the opportunity arises
Looking for a risk on stock market and the Euro cutting rates next week.
Not the most convincing bullish candle on the daily chart. However it does fit my criteria for entry. Risk reward is around 1:3 with hope for more if we are truly seeing a higer low on the daily chart.
Learning how to publish and this is my previous trade from last week. Contemplated holding into this week but I feel good about waiting to see how this pairing reacts when the European and US markets open. I will be looking for more opportunities to share in the future. Cheers!