NZDUSD didn’t work out
Unfortunately the NZDUSD trade didn't work out.. I got stopped out for -50 though at some stage, I was 25 pips up... oh well!
Posts Tagged nzd/usd
My Forex trades for the day…
I made a couple of trades this morning... firstly the NZDJPY long at 81.20 with my trailing 50 point loss. The market did go up my way but hit 81.60 dead on before dropping.. I just needed 10 more pips and my stop would have moved to breakeven. However, the market fell like a stone after this and I got stopped out. I also bet half my usual size for this trade so even though I took a 50 pip loss, it was in effect 25 pips... I obeyed the signals and nothing is every 100% in trading.. it just di
Busy with the Forex markets… NZDUSD and AUDNZD
The previous evening before I went to bed, I put on a couple of trades based on the stochastics cross method I'd been using lately. Firstly the NZDUSD short at 0.7820. I was probably a bit late in the entry as the trigger is a turn on the moving average trend indicator together with the stochastic cross. However, I got out when the trend indicator started to change at 0.7803 for +17 pips Secondly, I went long AUD/NZD at 1.2185 seeing the stochastics cross and the changing of the trend
