• On the 4th of June I made some analysis and they were indicating me that the GBP/NZD should march in a long term bullish trend starting very soon. So i backed my analysis with a position as i always do ,but i have been proven wrong very soon. I entered a 5 milion buy position at the top of the trend. The trend reversed on 1 Day chart and i took a 119 pips loss which kinda smashed my equity sending it under 70 k.
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    • Since time is money , after my buy trade closed at a loss , i regruped myself and after a brief analysis i decided to enter a short position. I based my trade both on tehnical but i relied heavly on fundamentals. I took into consideration the fact the RBNZ was going to release its interest rate decision and since lately we have only hikes and since the Bank is set to increase it gradually i anticipated that same thing will occur this month and of course the big players should start moving accordingly.
    • Big speculaters usually start to position themselves ahed of this releases and that is what happend now. After 5 days i entered my 2 milion short position my take profit was hit booking 278 pips profit and a consistent boost to my equity recovering my previous loss .The momentum send the pair even lower ,130 pips to be exact before the trend find a support.One in wall this 2 trades were quite excelent. I succeded to learn and transform a lossing trade into a winning win by repositioning myself.
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