NZDCAD at top of trading range

30 Agu 2016

After multiple rejections from .95 NZDCAD is creating lower highs and preparing to reverse. The Stochastics Momentum Index confirms upward momentum is weakening and turning downward.

If you are trading this pair be very careful if it breaks upward and make sure your stops are beyond resistance.

30 Agu 2016

Trade aktif

Orders filled. I'm keeping a close eye on this one, it's possible it will break to the upside and start a monster rally instead.

2 Sep 2016

Trading ditutup: stop tercapai

I had a feeling it would do that, stop got tagged by NFP spike.

2 Sep 2016

Catatan

Possible scalp to recoupe some, RSI is oversold on lower timeframes but make sure you wait for it to bounce up before trying