AdamFx42のブログ

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Up and down we go

My Nzd positions are up and down a lot the past few days
I started with a healthy profit with my Nzd longs yesterday
gaining more than 50K in a few hours
Then things slowed down and Nzd started to fall back again to previous lows
Now my longs are doing better again
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Important data for NZD coming up this evening

Data releases out of NZ today could determine direction of Nzd crosses
I am long Nzd, and have been since the beginning of the contest,
I am holding a long Nzd/Usd, a long Nzd/Cad and a long Nzd/Chf now,
and have a short Aud/Nzd and a short Gbp/Nzd waiting
At the moment the Nzd is showing a bit of weakness, especially in nzd/Usd
maybe a pullback or concern ahead of the ISM non-manufacturing PMI figures release
due in about an hour - a strong data release may push Usd up - we shall see
This eveni…
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