GBPNZD - SHORT TRADE FOR HUGE PROFIT

Jul 12, 2024

Symbol - GBPNZD

GBPNZD is currently trading at 2.12280

I'm seeing a trading opportunity on sell side.

Shorting GBPNZD pair at CMP 2.12280

I will be adding more if 2.12600 comes & will hold with SL of 2.13000

Targets I'm expecting are 2.09200 - 2.08500





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!

Jul 15, 2024

Trade active

CMP 2.12720

Adding more position here. Avg sell price now is 2.12510
This pair is most volatile than rest GBP pairs hence holding with new SL 2.13250 to be on safe side.

Jul 16, 2024

Trade closed: stop reached

CMP 2.13250
SL level reached. Closing trade here.
I will track it and try to short it on higher levels if getting any reversal setup on small time frame.

Jul 17, 2024

Trade active

CMP 2.14600
Shorted again at 2.14580

Position active. Holding with strict SL 2.15300

Jul 18, 2024

Trade active

CMP 2.13885

Holding with CTC SL now.

Jul 19, 2024

Trade closed manually

Closed CTC.

Jul 30, 2024

Trade active

CMP 2.18248

Creating Short position here with SL 2.19850

Target 1 - 2.15100

Target 2 - 2.12300

Aug 1, 2024

Trade active

CMP 2.15757 249 pips in profit. Holding with trailing SL.
Falling Non stop after my entry. :)

Aug 1, 2024

Trade closed: target reached

CMP 2.14900

First target reached. 334 pips in profit.

Aug 2, 2024

Trade active

CMP 2.13870

Now 437 pips in profit. Headed towards second target. It's stopping no where. :)
Holding with trailing SL.

Aug 2, 2024

Note

Aug 7, 2024

Trade closed: target reached

CMP 2.11440

Both targets hit. Closed at 2.12300 (594 pips in profit).
680 pips in profit as of CMP.