corsicasia
Short

short at 1.1250 target 1.1132 for technical pullback

OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
I expect a technicla pullback after a big breakout of a long term wegde .
so even Nzd is very weak and it will be hard ,usually most of beakout get them pull back around them breakout level.
Also he is luch overbought and we not get yet the new GOV statement about monetary policy ...so i try t coz if they mess dovsih same as investor speculate the NZD will get back some Power short time

Short at 1.1250

Target at 1.1132

gain=118 pips

Stop loss 1.1315

same all time i open 2 different position and will close one if i have opporunity to win about 30% of may target and let the secodn in trailing stop
Comment: i closed one position with 52 pips gain at 1.1194 then now i put my SL of 2nd postion at +15pips
Comment: stil active expecially with a possible H&S in sight

Comments

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