I had a few nice trades this evening
The NZ rate cut or not is tomorrow and I knew traders would be anxious
I decided to go long Gbp/Usd because it seems supported above 1.5 at the moment
I also opened a Gbp/Nzd long to support my position
Because I knew that a possible rate cut coming tomorrow may provide a little action
Once my positions started to move I added a Eur/Nzd long
which provided me with some equity
I went short Nzd/Usd and Nzd/Cad to add to my open positions
The market seemed willing to sell Nzd and my longs profited from that
I am up to 440K now - everything is going well this month
every trade I make is calculated and balanced now
It takes a lot of effort to decide when and how to enter but it has been worth it
The NZ rate cut or not is tomorrow and I knew traders would be anxious
I decided to go long Gbp/Usd because it seems supported above 1.5 at the moment
I also opened a Gbp/Nzd long to support my position
Because I knew that a possible rate cut coming tomorrow may provide a little action
Once my positions started to move I added a Eur/Nzd long
which provided me with some equity
I went short Nzd/Usd and Nzd/Cad to add to my open positions
The market seemed willing to sell Nzd and my longs profited from that
I am up to 440K now - everything is going well this month
every trade I make is calculated and balanced now
It takes a lot of effort to decide when and how to enter but it has been worth it