NZDCHF 1:3 Risk Reward SHORT

11 mars 2019

NZDCHF SHORT
Wait for certain conditions before a possible entry:
- Congestion
- Short Candle formations
- Fundamentals to continue being in favor for a short

CHF
- Major holder of gold
- Uncertain economic situation causes investors to buy gold through brexit, trade war and EU debt crisis
- This appreciates the CHF

NZD
- "NZ trade deficit hits 791m in Jan - double expected figure"
- "Higher living standards, slower economy: Expert's take on CGT"
- "Economy Hub: Business gloom getting worse - new EMA chief"

Message me to see how i get the fundamental scores!

NZDUSD typo my bad! Meant to put NZDCHF

14 mars 2019

Transaction en cours

Trades working out quite nice now with momentum and fundamentals, looking optimistic

16 mars 2019

Note

Fundamentals increasing weakness in NZD more to come in this move!

17 mars 2019

Note

Trade met 1:1 Risk Reward, expecting a further drop.

27 mars 2019

Note

RBNZ statement dovish, likely long term weakness now for NZD with the unexpected outcome