NZDUSD: Sell the top of the rally

2016年11月27日

NZDUSD has an interesting setup here. RgMov has now changed direction showing the trend is potentially down, so it might be safer to sell it at the top of the ongoing correction, to rejoin the recently started downtrend. This makes me think gold and the Euro will behave similarly, which is what I had originally thought. The dollar long term uptrend might have resumed before our eyes, and we're seeing the first correction in daily scale, so don't miss it!

I'll be looking to short against a key level, once price action favors it, so, for the time being I'm standing aside and watching. We have enough trades to go long during the dollar correction.

Good luck,

Ivan Labrie.

2016年11月27日

注释

Watch momentum indicators here.

2016年11月28日

注释

On track.

2016年11月30日

交易开始

We can short under today's low without much problem.

2016年12月1日

注释

Good progress.

2016年12月9日

注释

Going above yesterday's high would negate the downtrend.
You can short under yesterday's low here, risking 0.5% and adding to reach 1% risk on any adverse excursion half way to your stop.

2016年12月19日

交易手动结束

The price action is scary, I'm out of all FX trades for now, I think we can get a retracement in the dollar trend.