GOOD OPPORTUNITY TO SELL AUDNZD

10 août 2018

AUDNZD is at weekly resistance. Sell below 1.1137 stop 1.1195. Target 1 1.0975, target 2 1.0850, target 3 1.0680.
1 hour chart consolidation, support at 1.1140, sell break below that. NZD is oversold after some bearish comments from RBA. Good risk reward on this trade.

10 août 2018

Note

Trade active

10 août 2018

Note

Correction. NZD is oversold after some bearish comments from RBNZ

14 août 2018

Note

So far up 117 pips. Price moving nicely towards first target. If this is hit take some profit (1/3) and move stop to entry. Risk to trade is AUD employment news this week. If T1 is not hit prior to the news reduce risk by taking some profit (1/3) and moving stop to entry.

15 août 2018

Note

I have taken some profit and moved stop to 1.1080

23 août 2018

Note

1st target hit, move stop to 1.1020

30 août 2018

Note

Close 2nd portion of trade and move stop to 1.0980 after bounce off support

3 sept. 2018

Note

Trade complete, profir made

3 sept. 2018

Note

Should have read profit made