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cmjohnson36
Mar 12, 2018 12:06 AM

NZDUSD Long -> Short 

New Zealand Dollar/U.S. DollarFXCM

Description

I will continue to long on this pair, and look for target at the trend. Notice the Oscillator, becoming overbought, we will continue to look for overbought territory.

USD CPI data coming out tuesday

Comment

This pair is making Higher Highs, and I will hold the target of .73360

Trade active

Awesome gains overnight, currently +65% trailing stops set

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Reversing position

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great dojis

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Still making higher highs, still holding on to longs

Trade closed: target reached



Reversing position, now short

Trade active

Comment

Comments
ForeverNewbie
If I may interject, I was thinking the exact same result but on the D1 timeframe (bull 90p, bear 500p). I see your upwards moving channel, but my resistance point is at 0.737xx for the bull to peak, and then the bounce to (evntually) take the price down at the 0.684xx support line (visited)

I also enjoyed your higher highs spotting!
cmjohnson36
@ForeverNewbie, Thank you for your post.
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