theselfishtrader

Kiwi - Price in an ideal shorting area but..

Penjualan
theselfishtrader Diupdate   
FX:NZDUSD   Dollar New Zealand / Dollar AS
..I am not feeling confident about this opportunity emerging. Price is trading right up against the outer edge of the resistance zone and the price action suggests a breakout is close. If there is a false break, then things could move very quickly in the opposite direction. I will be watching keenly...
Trade aktif:
I am short from 0.7161. Price overshot the resistance zone as I thought it would, and I am now short in expectation that this is a false break. Lets see what happens...first target would be around 0.7100.
Trading ditutup secara manual:
Closed +30 as I didn't see any follow through to the downside following the positive ADP news release.

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