Hi All,
I have been looking at NZD and on the 2/9 the chart showed a potential short if the next day moved lower. However it did not. It did however step outside my bands on the high side for both days, closing quite high in the band on Friday. Most would say the price is just moving up, but unfortunatly, NZ had an earthquake after the market closed for the weekend. I suspect insto's will short the NZD for a few days.
The only draw back is the 5ema is now above the 20ema.
I post this more for my enjoyment than anything else. I am just talking out my own trade, removing the emotion.
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- trades for the week 6th september
trades for the week 6th september
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