Time to count the pips ‘and’ my luck with this trade .
I like to think it was purely down to skill and acumen, yet it does help enormously when the data and Central bank heads help to give your positions a nudge in the right direction .
I still like the long-side on this one and will be looking to get in again on any pullback. I had a target in mind around the 127% fib extension from the big move from the May/June high/low. We got close enough yesterday and I set my second TP (take profit) since Friday at a round 300 pips .Making a grand total of 500 pips in less than a week .You can trace my GBPNZD posts back on this link .
Previous chart showing 2nd trade bellow .
- Silver – This weeks shining star, as predicted by ForexFlow - July 19, 2019
- 新年快乐 财源滚滚 大吉大利 A Happy wealthy healthy New Year to all our Chinese friends - February 4, 2019
- Gold and Silver – Glittering prizes? - January 28, 2019