Open trading account 
After waiting for 2 days for my Nzd/Usd long to open, the market decided to bear down on the pair again
When I saw Nzd/Usd break down through the daily trendline yesterday,
I decided to give up on my strategy of playing a Nzd recovery or retracement up;
the currency is obviously still in a lot of trouble and further downside seems possible for now,
at least until down to the weekly support below 0.84
I read an piece on Gbp yesterday about the coming rate hike,
and the likeliness of support building above 1.67 and that made a lot of sense
With continuing Usd/Jpy strength I thought that I might be safe with a Gbp/Jpy long at first,
so I opened this position:
there is Japan data coming within an hour, and we will see what that does for me..
When I saw Nzd/Usd break down through the daily trendline yesterday,
I decided to give up on my strategy of playing a Nzd recovery or retracement up;
the currency is obviously still in a lot of trouble and further downside seems possible for now,
at least until down to the weekly support below 0.84
I read an piece on Gbp yesterday about the coming rate hike,
and the likeliness of support building above 1.67 and that made a lot of sense
With continuing Usd/Jpy strength I thought that I might be safe with a Gbp/Jpy long at first,
so I opened this position:
there is Japan data coming within an hour, and we will see what that does for me..
