AdamFx42's Blog

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Selling GBP this month

I am short GbpNzd today
I see more trouble ahead for Gbp because of the brexit worries
Nzd has proven to the market it is comfortable above 0.70 now
I believe that level will be a solid support area
1.30 seems impossible to break for GbpUsd making it weaker
gbp will retrace more this month
while Nzd should establish more upside
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Still holding on with NzdUsd

I am still holding on with a NzdUsd long position
The pair is above .71, and has been for a few days now, after moving up above .71 on Monday
I am hoping to see the pair break above .72 before the weekend, otherwise the weekend leverage will stop me out
Usd seems to be retracing at the moment, or at least moving sideways, which is also good for my position
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Buying NZD at the lows

Nzd longs around the lows looking nice
Last night my NzdUsd long buy limit was hit around 0.7250
I decided to follow it up with a NzdChf long just now
Nzd seems to be lower than usual, and will possibly go higher this week
I have put in reasonably tight SL's - just in case that I am wrong
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Long NZD after losing most of my capital

NzdChf is looking particually bullish on the daily chart
I have decided to take my last 30K and go long NzdChf if it breaks 0.72
It looks bullish - as there are 8 bullish daily candle, in succesion, on the daily chart
If all goes well, I will be adding NzdUsd long
gl all
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Why am I still in this contest?

This is so weird
Last week I thought that I was out of the contest with 17K and being stopped out
yesterday Somehow I found out that I was still in with a small short that had netted 200 pips
I closed that and went short Eur/Nzd looking for a daily double top
Now I am close to 100K again - amazing, in two trades I quadrupled
I wish I could do that with a hundred K all the time :-)
I guess it will be over now though - I have two positions:
Nzd/Usd long and Eur/Nzd short
Nobody is lucky three time…
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