If you haven't been trading NZDCAD, you've missed out on some great pips/trades/profits/rides to the bank whilst laughing/etc!
This pair can be abusive, as long as you go into it knowing that everything is mucho easier!
OK here's what I'm doing AGAIN on this pair, I've been shorting it from 9650, in and out several times.
This recent retracement has pulled back, almost to the pip, 61.8%. I'm ready for one of two things:
1. sell the break of .9465
2. sell the secondary channel if it forms below the current ascending trend line.
STOPS are above .9575, a break above there will likely move an add'l 85+ pips into the next major resistance, no thanks.
TARGET .9300
This pair can be abusive, as long as you go into it knowing that everything is mucho easier!
OK here's what I'm doing AGAIN on this pair, I've been shorting it from 9650, in and out several times.
This recent retracement has pulled back, almost to the pip, 61.8%. I'm ready for one of two things:
1. sell the break of .9465
2. sell the secondary channel if it forms below the current ascending trend line.
STOPS are above .9575, a break above there will likely move an add'l 85+ pips into the next major resistance, no thanks.
TARGET .9300
Jared Johnson
Union Hedge Funds
Union Hedge Funds