$NZDUSD: Tight stop, big target...

2022年8月27日

I think the Kiwi offers a tremendous reward to risk ratio on the short side here. The situation with persistent inflation and rising energy prices is certainly a headwind for the economy, combined with Powell's increased determination as per his last speech at Jackson Hole, has helped bears gain ground here, triggering both a daily and a weekly down trend simultaneously. The invalidation for this signal is a move back above the 0.6255 mark, in which case a short squeeze would happen. Currently, the chart signal points to a decline towards 0.5762 by October 21st, the latest.
Overall, good setup in the currency market to add to a more holistic trading portfolio (like mine). Any market that adds uncorrelated returns, is a good use of leverage/cash.

Best of luck,

Ivan Labrie.

2022年8月27日

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Here's the monthly trend in NZDUSD as a bonus:

2022年8月27日

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2022年8月31日

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2022年9月13日

交易手动结束

I'm not in this one anymore, banked in profit and didn't reshort but it flashed a signal in the daily today.

2022年10月4日

交易结束：到达目标

2022年10月26日

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Daily trend now up:
Could be a substantial reversal...

2022年11月12日

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It was a reversal...trend is now up.