Nice long trade opportunity on #NZDUSD

25 oct 2017

Also see my NZDCHF forecast in another post. NZD pairs have fallen sharply and this is the level on NU pair I believe will be a nice entry point for a long trade. On this pair (NZDUSD), there is still room to go down further but the downside is much limited. I am expecting to see a small bounce up in next few days and then fall slightly to break the low and take out many long traders. Either case, for long-term traders like me, this is a nice trade to enter and add rest of positions at a lower level. Check out my trade record in my website.Thanks.

1 nov 2017

Nota

Half position active but watching to see if we can see a break below the low to add the other.

4 nov 2017

Nota

There's no strong buying signal since last post. So likely to break the bottom strongly and then buying would follow.