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 .
GBPNZD-H4 update
Previous chart showing 2nd trade bellow .
GBPNZD-H4
Collects more scalps than Crazy Horse and newly crowned Bitcoin & Dow top calling master.
Philosophy: "Trading rules.....it most certainly does"
Read how Horatio got into trading here
Philosophy: "Trading rules.....it most certainly does"
Read how Horatio got into trading here
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nice one dubs i as well believe NZD will get back on its feet for a while….too much time on the “red”
Indeed , seems the Kiwi could find some support down here in the near term.
You do have the ‘ear of the Greek gods’ so you keep telling me . Maybe they have whispered 🙂
maybe? you seem to defy me and the greek gods?
for greek gods (milk)shake…. shame on you