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DAY 5 - EURNZD TRADE UPDATE

alifari Actualizado 5 May  en #Trader's blog #Trade #Update #Eurnzd
First trade of the month EURNZD short trade triggered last night and closed today with +190 pips. The trade was taken at Daily supply zone plus in past this level reacted both as support and resistance, so decided to short it with stop loss above the supply zone. Initial take profit was set lower, but decided to close trade as price was approaching import SR level.
Tomorrow being NFP day lot of whipsaw price action is expected, as such I would be on sidelines and will wait for the dust to settle…
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DAY 26 - EURNZD TRADE UPDATE

alifari Publicado 26 Ago  en #Trader's blog #Eurnzd #Trade Update
Entered a buy order yesterday on EURNZD after price action indicated some buying interest at 1.7500 level. Take profit was set higher at 1.7950 level but price reversed before hitting the level as such decided to close trade with +184 pips in profit.
Still three more trading days to go and as such giving my best shot to get in top 10.
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DAY 6 - NZDUSD & EURNZD TRADES UPDATE

alifari Publicado 6 Ago  en #Trader's blog #Trade #Update #Nzdusd #Eurnzd
Entered couple of orders last night on expectations of strengthening of NZD during New Zealand employment data news event, as expectations were high of a better employment numbers and decline in unemployment rate. Moreover, from technical point of view NZDUSD was at Daily demand zone, so entered long at 0.8450 and short on EURNZD at 1.5847 due to ongoing weakness of Euro against other major currencies.
However, there was no follow thru on NZDUSD due to disappointing labor market report. While th…
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